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Buy Microsoft Ahead of Earnings?

"If it goes down you buy it, if it goes up you buy more"

It's another busy day for earnings, with Microsoft set to report after the bell. Ahead of the company's results, the "Halftime Report" traders discussed if it's a buy at these levels.

Pete Najarian is bullish the name. He thinks Satya Nadella has done a great job helping the company re-position itself, and he argues that new highs could be seen for the stock if its results are positive.

Josh Brown thinks the stock has been strong for a long time, and likes it going into earnings.

Joe Terranova is also bullish the name, saying "If it goes down you buy it, if it goes up you buy more."

Trader disclosure: On January 28, 2016 the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Halftime Report" were owned by the "Halftime Report" traders:

Pete Najarian: Long AAPL, BAC, BKE, BMY, BP, DIS,DISCA, FOXA, GE, KMI, KO, MRK, PEP, PFE, he is long calls AAL, BX, CHS, FB, GDX, GE, HAIN, LC, MSFT, MTG, NRF, SLV, SWN, UAL, WMB, WYNN, YDKN. Long puts FCX, MRO

Josh Brown: Long AAPL, BABA, DE, DNKN, FB, JMBA, LOW, SAM, SHAK, SPWR, TWTR, XLE, XON.

Joe Terranova: Long VRTS.