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 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.
Check out other stocks making moves in the premarket.
Stephanie Link of Hightower said that she liked Chevron Corporation 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. UBER as his final trade. Read analyst ratings for Uber.
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