Disney, Microsoft, Under Armour, Walmart, and Costco were among the names hitting multi-year highs during Tuesday's trading session. On the "Halftime Report," the traders debated whether or not these stocks still have room to run, or if investors should take profits.
"I think you gotta be a little cautious here," Investitute co-founder Pete Najarian said of owning Disney at current levels. Nuveen Portfolio Manager Stephanie Link says she "still likes" Under Armour, and when it comes to defense Virtus Investment Partners' Joe Terranova says he "can't find an alternative" to Honeywell.
Shares of Microsoft have soared 33% this year, but Investitute co-founder Jon Najarian is staying bullish, saying "they have crushed it and they continue to do so."
Yeah new highs! Until the big boys take profits, real soon! how dare you act like this market can't go down. It will in a hurry, over priced! Over bought $spy
Short $PG