On CNBC’s "Halftime Report Final Trades," Liz Young of BNY Mellon Investment Management said she is selling VanEck Semiconductor ETF SMH, which traded slightly lower on Monday.
Stephen Weiss of Short Hills Capital Partners said he is going with UnitedHealth Group Incorporated UNH. The company's shares moved higher on Monday amid Medicare finalizing pay rates for 2024.
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Other picks:
- Sarat Sethi named Chevron Corporation CVX, saying the stock "could go up from here." Shares of several oil stocks, including Chevron, traded higher on Monday amid a rise in oil prices after OPEC+ producers announced a production cut.
- Joseph Terranova of Virtus Investment Partners picked SPDR Gold Shares GLD, saying that he is surprised and it’s very impressive the "strength we are seeing in gold even with oil now rallying as well."
Price Action: Chevron shares rose 4.2% to close at $169.95, while UnitedHealth rose 4.6% to settle at $494.19 on Monday.
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