CNBC's Final Trades: Buy Coca-Cola And Health Care, Short These Two
On CNBC’s “Halftime Report Final Trades,” Liz Young of BNY Mellon Investment Management chose Health Care Select Sector SPDR Fund (NYSE: XLV). “You can still benefit from that defensive trade but not nearly as overbought as the classic utilities and staples defensive sectors,” Young added.
Joseph Terranova of Virtus Investment Partners named Coca-Cola Co (NYSE: KO) as his final trade. He recommended to “use a tight stop below $59.50.”
Check out other stocks making big moves in the premarket.
Stephen Weiss of Short Hills Capital Partners advised to “short crypto.”
Pete Najarian said he was “looking for a little bit of a push to the downside” in Advanced Micro Devices, Inc. (NASDAQ: AMD) in the short term.
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Posted-In: BNY Mellon Investment Management CNBC Joseph Terranova Liz YoungLong Ideas Short Ideas Media Trading Ideas