Transocean, Berkshire Hathaway And A Sector Fund At An 'Attractive' Level: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Liz Young of BNY Mellon Investment Management said she is sticking with Utilities Select Sector SPDR Fund XLU, adding that they were a little bit expensive going into the end of the year, but have become much more attractive now.

Joshua Brown of Ritholtz Wealth Management said he is long on Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) with the company having a great diversified business. The company’s stock "holds up really well, no matter what happens in the economy," he added.

An SEC filing revealed that Warren Buffett’s Berkshire Hathaway bought over 3.66 million shares of Occidental Petroleum between Mar. 23 and Mar. 27 at an average price of $58.98, a transaction totaling over $216 million.

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Jim Lebenthal of Cerity Partners named Transocean Ltd. RIG as his final trade amid higher oil demand, despite the stock being one of the risky names in the energy sector.

Benzinga data show analysts have a consensus Neutral rating on RIG.

Transocean disclosed harsh environment contract awards totaling $382 million with Equinor.

Price Action: Berkshire Hathaway shares rose 0.1% to close at $302.32, while Transocean rose 7.7% to settle at $6.68 on Tuesday.

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Posted In: Long IdeasNewsMarketsMediaTrading IdeasCNBCHalftime Report Final TradesJim LebenthalJoshua BrownLiz Young
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