On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management chose Energy Select Sector SPDR Fund (NYSE:XLE), saying it’s at $72 and may hit $69 before rising to $75. “Not enough supply versus too much demand is the bigger risk,” Talkington stated. “China will reopen. They have an election this year. I think it’s a good entry point,” she added.
Stephen Weiss of Short Hills Capital Partners recommend cash but named Bank of America Corp (NYSE:BAC) for those those who “have to buy something.” The stock has declined “quite a bit” since the bank reported “a pretty good quarter,” Weiss mentioned.
