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'Halftime Report' Traders Advise Viewers On IBM, Ulta And More

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'Halftime Report' Traders Advise Viewers On IBM, Ulta And More

On CNBC's "Fast Money Halftime Report," Joe Terranova said he is holding his long position in Marriott International Inc (NASDAQ: MAR). He believes that it is going much higher.

Stephen Weiss revealed that his biggest positions are SPDR S&P Homebuilders (NYSE: XHB) and iShares Dow Jones US Home Const. (BATS: ITB). He likes the sector because there are mass exits from the cities into the suburbs and interest rates are at their historical low levels. He would buy PulteGroup, Inc. (NYSE: PHM) and he thinks that SPDR S&P Homebuilders (NYSE: XHB) is going to move higher.

Shannon Saccocia said that IBM Common Stock (NYSE: IBM) is probably not the best tech stock you can buy, but it has an undemanding valuation and a 5% dividend yield. She also thinks that it has a catalyst to turn around. If you buy the stock here, you are going to get some appreciation and while you wait, you are going to get a nice dividend yield, said Saccocia.

Michael Farr has a small position in Ross Stores, Inc. (NASDAQ: ROST). He thinks that the management has done a very good job through the pandemic. Farr expects the company to come through fine and he would be a buyer.

Tiffany McGhee sees more upside for Ulta Beauty Inc (NASDAQ: ULTA) and she thinks that it is a good buying opportunity.

 

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Posted-In: CNBC Fast Money Halftime Report Joe Terranova Michael Farr Shannon Saccocia Stepen Weiss Tiffany McGheeMedia