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On Thursday's "Ask Halftime," our traders answered questions from CNBC Pro subscribers about stocks and ETFs during this market volatility, including whether to buy, sell or hold specific names. Aureus Asset Management's Karen Firestone explained why she would hold Salesforce shares, outlining steps the company can take to achieve double-digit growth over the next few years. Jim Lebenthal of Cerity Partners said he likes Kinder Morgan as a way to play the energy space. He noted that the stock has been a steady one for the market's top performing sector this year. Finally, Josh Brown of Ritholtz Wealth Management shares his thoughts on Matterport , noting he bought the stock at much higher levels, but does not recommend buying it in the current market environment.
Firestone: Equities are still by and large oversold
  + stars: | 2022-11-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFirestone: Equities are still by and large oversoldKaren Firestone of Aureus Asset Management discusses what signals the markets may be looking for from the Fed, and highlights some conservative stocks that have held up well in a slow growth environment, as well as a few beaten-down names.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlphabet, Moderna, and more: CNBC's 'Halftime Report' traders answer your questionsCNBC's Halftime traders Josh Brown of Ritholtz Wealth Management, Karen Firestone of Aureus Asset Management, and Steve Weiss of Short Hills Capital answer investment-related questions from CNBC Pro subscribers. Look out for an email where you can submit your questions directly to the Halftime team.
On Thursday's "Ask Halftime," our traders answered questions from CNBC Pro subscribers about stocks and ETFs during this market volatility, including whether to buy, sell or hold specific names. Josh Brown of Ritholtz Wealth Management explains why he owns the tech giant Alphabet and deems it a long-term hold. Aureus Asset Management's Karen Firestone highlighted the reasons why Blackstone is well discounted and a buy. Finally, Stephen Weiss of Short Hills Capital suggests keeping Moderna in your portfolio. He says if the biotech stock declines further, he plans to buy more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFirestone: There's still a good chance for a rally from here off the lowsKaren Firestone of Aureus Asset Management says she's more optimistic about where stocks may go, as many have been in a bear market or experiencing their own recession for several months now.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPayPal and more: CNBC's 'Halftime Report' traders answer your questionsCNBC's Halftime traders Jim Lebenthal of Cerity Partners, Karen Firestone of Aureus Asset Management, and Steve Weiss of Short Hills Capital answer investment-related questions from CNBC Pro subscribers. Look out for an email where you can submit your questions directly to the Halftime team.
On Thursday's "Ask Halftime," our traders answered questions from CNBC Pro subscribers about stocks and ETFs during this market volatility, including whether to buy, sell or hold specific names. Jim Lebenthal of Cerity Partners listed reasons why investors should own the energy sector through the end of the year and beyond. Aureus Asset Management's Karen Firestone said investors should buy shares of PayPal , as it recently announced it expects mid-teens sales growth over the next year. Finally, Steve Weiss of Short Hills Capital recently bought 2-Year Treasurys and thinks investors should buy stocks when they become cheaper.
The key takeaway for investors was to refocus attention on inflation, and that it's not just the direction of inflation — it's the magnitude. More broadly, this will also lead to Wall Street momentarily refocusing its attention. While concerns about the magnitude of a slowing economy have occupied Wall Street's attention for weeks, inflation is still the number one issue. I noted last week that the phrase "mild recession" had become a meme as a way to price in a recession without making it sound too bad. Even JPMorgan's Marko Kolanovic jumped on the "mild recession" bandwagon, telling investors Monday that "a mild recession appears already priced in."
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