Josh Brown Is Bearish On Casinos; Stephen Weiss Doesn't Like Caterpillar

On CNBC's Fast Money Halftime Report, Josh Brown said that the casino stocks have been disappointing so far. He single out Wynn Resorts, Limited WYNN and Las Vegas Sands Corp. LVS as the stocks that have disappointed him the most. He wants to short every bounce because the trend and fundamentals are not in their favor. Brown added that stocks in the space have huge spikes as people get excited, but each move higher has failed and it led to a lower low. Stephen Weiss shared his thoughts on Caterpillar Inc. CAT. He explained that the stock has been a proxy for China so far. Weiss said that he would stay away from the stock because it is trading far from its highs and the business is not in a good shape.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCMediaJosh BrownStephen Weiss
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!