Chevron, Uber Technologies, And A Way To 'Bet Against The Big Guys' Are CNBC's 'Final Trades'
On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management said that each name is around 3% in the SPDR S&P Pharmaceuticals ETF (ARCA: XPH). The pharma sector is a defensive strategy that also offers growth opportunities, she added.
Liz Young of BNY Mellon Investment Management chose the S&P 500 Equal Weight Index (SPXEW) saying it was “a bet against the big guys.” It gives you exposure to “some of the under-owned sectors and names that are actually protecting better on the downside and doing a little better on the upside,” Young mentioned.
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Stephanie Link of Hightower said that she liked Chevron Corporation (NYSE: CVX) for its “diversified revenue mix” and “great free cash flow.” The stock’s “break evens are at $45 oil” and the company is “minting money” and “returning it to shareholders,” she added.
Josh Brown of Ritholtz Wealth Management chose Uber Technologies Inc. (NYSE: UBER) as his final trade. Read analyst ratings for Uber.
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