CNBC's Final Trades: Nvidia, Target, Metals & Mining And This Defensive Play

On CNBC’s “Halftime Report Final Trades,” Jon Najarian recommended SPDR S&P Metals & Mining ETF XME, adding “June 50 calls.”

Jim Lebenthal of Cerity Partners named Nvidia Corporation NVDA as his final trade. “Whether you believe my correction call or not, we’re at least due for relief rallies. Semis should lead and this is the biggest impact within the sector,” he added.

Also Read: Cathie Wood Adds $1.1M Stake In This 3D Printing Partner Of Elon Musk's SpaceX

Stephanie Link of Hightower mentioned that Target Corporation’s TGT stock “is trading at 14.8 times earnings.” The average is 16 to 20 times, she added. “They’re gaining market share. I think the upcoming quarter’s going to be a strong one,” Link said.

Check out other stocks making big moves in the premarket.

Josh Brown of Ritholtz Wealth Management said, “There are no call strikes on Wall Street. You don’t have to do anything you don’t want right now.” He added that there is about a 2.5% annual yield on the iShares 1-3 Year Treasury Bond ETF SHY.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasShort IdeasMediaTrading IdeasCerity PartnersCNBCHightowerJim LebenthalJon NajarianJoshua BrownRitholtz Wealth ManagementStephanie Link
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!