2023-11-13 14:21:32 ET
Four investors shared their top stock ideas for the second half of the year on CNBC’s “Halftime Report.”
Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners said that Deere and Co. ( NYSE: DE ) is going to “explode higher” if inflation softens and rates come down.
But either way the stock should bounce because the stock has bottomed out, he said.
The company reports earnings on Nov. 22.
Sarat Sethi, managing partner and portfolio manager at Douglas C Lane & Associates, bid for Uber Technologies ( UBER ) because of the momentum in the market.
Anastasia Amoroso, managing director and chief investment strategist at iCapital, said that Invesco Nasdaq Internet ETF ( PNQI ) is the way to go.
“If consumers are going to shop this holiday season, they're going to do it online,” she said.
Finally, Joe Terranova, who is a senior managing director for Virtus Investment Partners, said he likes Cadence Design Systems ( CDNS ).
“I like stocks at all-time highs,” he said. “Cadence Design is at all-time high.”
More on Deere:
- Deere: Should Investors Be Afraid Of Upcoming Earnings?
- Here Is The Price I'll Buy Deere Stock If It Keeps Falling
- Deere: The Sell-Off Is Likely To Get Ugly
- Caterpillar, UPS led October decline for big-cap industrial stocks
- Deere downgraded to Hold at Canaccord on slowing ag growth
For further details see:
Four stocks to invest on the second half of the year