Benzinga | Nov 2, 2020 12:58PM EST

'Halftime Report' Traders Give Their Calls Of The Day: Intel, Under Armour

Shannon Saccocia and Brenda Vingiello On CNBC's "Halftime Report" discussed Under Armour, Inc. (NYSE:UA) and Intel Corporation (NASDAQ:INTC).

Saccocia says the story for Under Armour is not in the U.S. There is nice growth in Asia-Pacific and Europe, the MIddle East and Africa. She believes Under Armour can be a turnaround play amid strong global sales.

Vingiello says "we are beginning to rethink our investment" in Intel and "were disappointed in gross margin numbers."

"We feel fundamentals are strong in demand in general for chips that we are beginning to think there are better opportunities elsewhere and we have added Nvidia into our portfolio," said Vingiello.

Related Links:

Under Armour Analysts On Q3: 'All-Clear Signal Is Far From Here'

Why The Best Outcome For Intel Shareholders Is To Break Up The Chipmaker