Jon Najarian said on CNBC's Fast Money Halftime Report that he would be a buyer of weakness in United Continental Holdings Inc UAL because Warren Buffett owns the stock. He added that he wouldn't sell the stock, because Buffett isn't going to sell it any time soon.
Pete Najarian thinks United Continental is the worst managed company in the sector and he wouldn't buy it, because there are better stocks to buy in the space. He would rather own Delta Air Lines, Inc. DAL, Southwest Airlines Co LUV or Hawaiian Holdings, Inc. HA.
Pete Najarian also said that Buffett bought several stocks in the airlines sector and he decreased his risk by diversification.
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