When I look around at the carnage from the last two days, there are two stocks that actually look like buys.
And both of them we traded in the past.
Those stocks are UNIT and DG.
I have always like Uniti Group Inc. (UNIT), because of the yield and the fact that it has weekly options.
Because of this, I am going to suggest a weekly covered call on UNIT.
Buy UNIT at the market, which is $6.78.
Then Sell to Open (1) January 27th - $7.50 call for every 100 share you buy.
You should be able to sell them for $.30.
As for DG, I am holding off for now, but will issue a separate alert if I do suggest a position.
Because of the recent pullback, my suggestion is to limit the shares to a 500 share buy-in or 3.4% of the portfolio.