CNBC's Final Trades: Industrials, First Trust Natural Gas, Uber Technologies And This Hedge Against Bear Market
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.
Bryn Talkington of Requisite Capital Management named First Trust Natural Gas ETF (ARCA: 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.
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Posted-In: Bryn Talkington CNBC Joshua Brown Requisite Capital Management Ritholtz Wealth ManagementLong Ideas Media Trading Ideas