CNBC's Final Trades: Industrials, First Trust Natural Gas, Uber Technologies And This Hedge Against Bear Market
Priya Nigam 4 years ago
Long IdeasMediaTrading Ideas
On CNBC’s “Halftime Report Final Trades,” Stephen Weiss of Short Hills Capital Partners said that the Industrial Select Sector SPDR Fund (ARCA: XLI) is a “hedge” as stocks could go lower.
On CNBC’s “Halftime Report Final Trades,” Stephen Weiss of Short Hills Capital Partners said that the Industrial Select Sector SPDR Fund (NYSE:XLI) is a “hedge” as stocks could go lower.
Bryn Talkington of Requisite Capital Management named First Trust Natural Gas ETF (NYSE:FCG), although saying that it’s “probably a little early to buy here.”
Check out other stocks making moves in the premarket.
Sarat Sethi said Edison International (NYSE:EIX) has a 4% dividend yield and trades at 15 times earnings. “It’s a great defensive play with rising earnings,” he added.
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Josh Brown of Ritholtz Wealth Management chose Uber Technologies Inc (NYSE:UBER) as his final trade. He believes that the stock has hit a bottom. “The upside is significantly greater than 4 points. I really liked the setup here,” Brown added.