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Call Buying in 'This' Financial Suggests It’s Got Legs: Najarian

Following are Halftime's Top 3 Trades. These stocks are front and center on our pros' radars.

Are they on yours?

KKR

The catalyst:KKR bucked a declining trend among alternative asset companies to report a sterling 73.4-percent jump in quarterly earnings on Friday, driven by successful exits from private equity investments and a rise in the value of its portfolio

The trade: I’m seeing an incredible amount of option activity in this name, says Pete Najarian, co-founder OptionMonster.com. I think it has legs.

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Amgen

The catalyst:Amgen reported far higher-than-expected second-quarter profit and revenue on strong demand for many of its drugs, and the world's largest biotechnology company raised its full-year earnings and revenue forecasts.

The trade: The stock is breaking out, says Josh Brown, author of The Reformed Broker blog. I don’t see any resistance. I love this stock as well as most biotech.

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Sprint

The catalyst:Sprintraised its earnings forecast for the year and reported higher-than-expected quarterly revenue as its wireless customers increased spending, and its shares rose nearly 16 percent.

The trade: I’m long, says Steve Grasso, director of institutional sales trading at Stuart Frankel. Enough said.

Posted by CNBC's Lee Brodie

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Trader disclosure: On July 26, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Terranova is long (VRTS); Terranova is long (MCD); Terranova is long (USB); Terranova is long (GS); Terranova is long (JPM); Terranova is long (YHOO); Terranova is long (SBUX); Terranova is long (WFM); Terranova is long (AAPL); Terranova is long (NXPI); Brown is long (TGT); Brown is long (XBI)

For Kathy Lien
No disclosures

For Bill Irving
No disclosures

For Jordan Rohan
Stifel Nicolaus maintains a business relationship with Amazon.com, Inc.. Stifel, Nicolaus & Company, Inc. makes a market in the securities of Amazon.com, Inc.. Stifel, Nicolaus & Company, Inc. expects to receive or intends to seek compensation for investment banking services from Amazon.com, Inc. in the next 3 months.

For Sara Senatore
Bernstein currently makes a market in the following companies SBUX / Starbucks Corp.

For Gene Munster
The following companies have been investment banking clients of Piper Jaffray during the past 12 months: FB
Piper Jaffray expects to have the following companies as investment banking clients within the next three months: FB
Other material conflicts of interest for Gene Munster or Piper Jaffray regarding companies in my universe for which I am aware include: FB
Piper Jaffray makes a market in the securities of the following companies, and will buy and sell the securities of these companies on a principal basis: FB


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