The "Halftime Report" traders gave their trades with about three hours until Friday's market close.
Jon Najarian was a buyer of Ryland.
Pete Najarian was bullish on transportation.
Trader disclosure: On May 7, 2015, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Halftime Report" traders: PETE NAJARIAN Long AMAT, AAPL, BABA, BAC, BBY, BMY, BP, CSX, DISCA, FOXA, GE, KKR, KO, LLY, LOCO, MBLY, MRK, PEP, PFE, he is long calls AA, AAL, AAPL, BK, BX, CBS, CELG, CIEN, CSX, DAL, DB, EEM, EJ, F, FL, GE, GS, HSBC, HZNP, IMAX, JBLU, JOY, KO, LEN, MAC, MYL, NEE, NTAP, NUAN, OC, PFE, SYY, TEVA, TSX, UAL, UUP, VZ, XLF, XOM, ZIOP. Pete sold WEN calls today. JON NAJARIAN Long BBY, EXXI, GE, HSBC, HUN, HZNP, MAS, MCD, MDRX, MRVL, MW, NEE, NRG, OAS, OC, PG, PVA, RHT, RRC, RYL, SCTY, SIMO, SIRI, SKX, SOL, SYK, TAP, TEVA, TTWO, TLT, VIX, WMB, XLI, YPF, ZIOP he is long calls AKS, BBY, CTXS, EQT, EWJ, FB, GE, GREK, GRPN, GSK, GTI, IDTI, LNKD, MCD, MDRX, MYL, NTAP, NUAN, OAS, PG, PPC, PRU, RAD, SAP, SIMO, SKX, SNDK, TAP, VALE, WFM, XLK. Today he bought RYL, TAP, RRC, and he sold YHOO calls. JOE TERRANOVA Long VRTS.