'Fast Money' Traders Share Their Thoughts On Shake Shack, Shopify And More

On CNBC's "Fast Money Halftime Report," Sarat Sethi said that he owns Blackstone Group Inc BX for a while. He likes it and he thinks it's a great stock to have in your portfolio.

If your timeframe is longer than the next 12 months, you want to be in Shopify Inc SHOP, said Joe Terranova.

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Margaret Reid owns UnitedHealth Group Inc UNH. She explained that there is increased policy uncertainty at the moment so investors have to have patience with the stock.

Cleveland-Cliffs Inc CLF traded lower in August because the iron ore price has collapsed, said Jim Lebenthal. He is not concerned about the iron ore price and he has a lot of faith in what the CEO is doing.

Josh Brown bought Shake Shack Inc SHAK at $40 and $20 and he is not looking to buy more. He is staying long the stock.