And apple named a top pick for 2020 the tech titan is on pace for its best year in a decade and one wall street analyst has five reasons it can continue to outperform its our call of the day the Investment Committee is ready to go. Halftime report starts right now. Welcome, everybody. Its good to have you with us on this friday. Your Investment Committee to wrap out the week. Jim . John and carrie. One of the top 100 investment advise advisers congrats thank you number 25 top 100 top quarter according to my math thank you the overall markets, the nasdaq is trying for its 10 th straight day of gains. If that happens it would be the first time thats happened in a decade so its great. People are buying stocks feels like almost like theyre worried about just gooing it up, santa clo santa claus rally, whatever you want to call it, but im worried about next week. Thats legitimate to be worried about it, but lets not worry too much lets be joyous and expect to ring in the new year with sp enthusiasm your caution is warranted we probably will give some of this back in the new year. That doesnt mean we have to have some sort of correction im not calling for that all the forces are aligned for the market to be stable, if not go higher. Feds on the said line. Trade tensions with china have eased for the moment profits should be growing. I dont see any reason for a meaningful decline i expect in january this rally at least stabilized to a flat line you say that the fed is on the sidelines. Im going to push back on that the fed is not on the sidelines. They may not want us to call it quantitative easing but its a form of that the feds Balance Sheet is expanding. Theyre pushing 300 billion into the repo market. The fed is goosing this in some ways, are they not i think thats fair we know in september there was a problem in the repo market that forced up Interest Rates to high levels. So the fed is making sure that doesnt happen but thats a good move its not something that we should be concerned about. On the other hand. Some people say this is part of the reason weve had this bull market recently. But if you think about the last ten years and the rally, there are many people who said its because of the fed and easy money. And thats not necessarily the case and even if it were the case, the truth is the market has had this enormous bull market. So those are real dollars. And i dont want to imply, john, that its all because of the fed. Weve been taught dont fight the fed. A lot of people we talk to that are big money hedge funds or big desk, theyre saying when the feds step back in, we double down yep and theyre following the fed. And theyve been right to do so and the people that faded that have not done very well. In fact are probably shortcomings contribute to part of this theyre probably many of the managers who have gone to the sidelines and been retired in the last two years and big names have done that because they could no longer take it. The market zoomed past them. They waited for the pullbacks. When we got the one a year ago last week, the low, the december 24th Christmas Eve low, that was a time when people could have stepped back in and the next trading day we were up 1,000 points so some people did step back in on that, but an awful lot of people timing that is very difficult. It is just as taking the profit now is difficult we go into a new year and i get it people say nothing has changed by the date. In other words, the macroback drop, but thats not entirely true theres two things that matter in a calendar year Tax Implications right . Buying and selling for tax reasons and showing like we talked about yesterday, at the end of a quarter, that you owned certain things yes those things are things to consider heading into, yes, the calendar flip. I definitely agree and have been saying for quite some time that the absence of tax gain selling, however you want to phrase it, has helped this market go up and john, i think yesterday you called it a sellers strike. At least in part people not wanting to sell in this tax year the thing is that does not automatically mean that on january second everyone is pulling the trigger. What it does mean is that if january second fifth, whenever, there starts to be a rollover in the market, it could pick up speed with people saying its gone too far and there are some names that are prime candidates for that, but what im trying to say here is look, you dont expect to see a correction in the market theres not enough forces to pull it down to a correction what i really hope doesnt happen in terms of the calendar year is people getting bonuses, putting it into the stock market, 401 k contributions from companies, what i dont want is a meltup in january. You dont want that i dont want a melt up. Its unsustainable what id like to see is january is a stable month. You get into the earnings reports, you get into february, and people start to say hey, you know what . The rest of the year looks pretty good on the profit picture. Lets rally again. But sensibly, cautiously but there has been never been a year i can recall where we didnt have some correction during the year. For the people outrageously bullish and say were going to 4,000 on the s p and straight up, i would take the bet with anyone that were going to have a correction at some time in the next eight or nine months if not sooner so if you want to wait, wait but even if the market is going to correct 5 to 10 , it doesnt mean there arent some places to put your money they dug out the tv cables from the snow in minneapolis we have pete to join us in here as well. Pete, i know youre there. Im going to ask you a simple question are you ready . Yeah. The s p im sure its simple. 9. 5 in three months. Is there any way to quantity tie how much of the run in three months is entirely due to Central Banks . I think it would be really difficult first, theres no way to answer that correctly but i think it would be really difficult to say what percentage even i would say theres no doubt that theres a big portion of it is thankful for the Central Banks. On the other side, how about the fast earnings season and how strong thats been look at how oil and you being an oil guy, you understand. Weve watched oil from the low 50s to the low 60s so theres a lot of different catalysts out there that are pulling the market to a different direction. And lets look at the tenyear once again, its been up as high as 195 we almost got to the 2 level theres a lot of different aspects of whats going on thats helping the financials out. One is helping the energy out. I think when you look at technology and whats going on and some of the discussions that obviously the president s been having and people i wouldnt call it euphoria, but excitement for what might happen in terms of the trade war and some resolutions of some sort, theres a lot of different areas that are catalysts right now that i think have elevated this market to where it is. That doesnt mean im not expecting because i am just like carrie is talking about, some form of a pullback of some kind. I dont know how dramatic thats going to be. But obviously we all know weve been around the markets a long time you dont see something just continually go up without some sort of a pullback by the way, one of the areas that i dont think ive heard a lot of discussions about in terms of whats hitting 52 week highs, how about the eem the eem yrks emerging markets, that hitting 52week highs adds well are we seeing some support maybe globally, or is this just aggressive buying and a lot of speculation . Were seeing a lot of Different Things in that regard. Volumes by the way recently have absolutely fallen off a cliff the last three days. And i think from what ive seen so far today, that volume, we were talking about trading approximately 24 million contracts per day for the previous seven or eight trading sessions the last three were archi averaging about 17 million a day. Volumes have disappeared from where we were a week and a half go theres a lot to unpack there. On the international side. I have fact set screens. I have every major market around the world. In the last three months every single index in europe is up every single index in the americas, latin america is up, and every single index in asia, russia, new ski lapd zealand is. Where is all of this global money coming from . But before we get to that, how about the part when you said is it all Central Banks . Can you show me a lot of cuts that have happened the last three months 90 cuts, i think. For the year. 20 Central Banks around the world. This year in the last three months where we had i think you said 9 rally out of our market in the last 90 days, has our market i mean, are we seeing lots of talk about further cuts no were seeing people pulled back and said were not going to see that and, in fact, we might not even be satisfied with the first signs of inflation when we get it thats stocks go up, carrie, as you know, when theres more buyers than sellers thats pretty much it. And it appears when i look globally at the indexes, and i cant remember a time looking at all the indexes and saying theyre all up fairly significantly in 90 days it appears the world is a wash in infinite amount of capital. The world, remember, was not investing, most of the world in its own markets for the last ten years. Outside of the united states, there were few buyers. The buyers were buying the u. S now theres a stabilization in china, japan, maybe germany is stabilizing. Perhaps people in the middle east feel better about 60 oil than about 45 oil, and you can start to feel a little bit of a sense of i would say comfort in putting money is it comfort or panic buying in some ways in. No. It could be something, but i think its comfort people look around and make deliberate choices and endowments do that with committees theyre invested globally and put more money because they say are we really going to put another 10 in the u. S. Out of our cash sitting there lets split it up. Lets put 4 in the u. S. Lets put 4 developed and 2 tkt e americaning markets. That kind of thing you quickly mentioned germany. I think we should spend more time on that last year it was disastrous. You had the auto emissions change over. That crushed the production. The china trade tensions hurt, put germany into a recession its clearly comiing out. Journey leads the eu jeremy leads the eu were talking about a wash in liquidity and it eventually finds its way to the equity markets. And lets not forget the european and Major International markets have trailed the u. S. Market over the past several years by a lot so this is just a little bit of cashup this rotation is different from but similar to the growth to value rotation which may look very big over the last few months but over the last 12 years is barely recognizable im not trying to be sunny side down sullivan, but it appears that everybody is so bullish. That there has to be a discussion on the other side and heres can i say this quickly. I want to Say Something quickly. The beginning of the show were talking about what happens in january. And all of us, i think, will admit the ability to predict one month ahead is fraught with peril. What we can do is look at the year ahead from where we are now to december 31st of 2020 the forces which i went through earlier in the show are aligned right now for a very positive year whatever january may bring this is a good time to be invested and brian, quickly we got to move to amazon. Repo, its all about when i said Central Banks havent been doing sweden raised rates the u. S. Has been on a repo binge and its much bigger than quantitative easing. 160 billion coming in january 31st whatever the last days and first day of the year. The pe of overseas markets, much lower than the u. S. Why do they do that we have to move on maybe thats a different show. Okay. Lets move on. Thanks, jim one of the names pushing the markets higher is a company out of seattle called amazon its up again today. It was the biggest contributor to both the spyetf and the qqq index yesterday. Amazon shares are still down nearly 7 from all time highs. Not a big deal, but is there any way to look at an amazon and go wow, maybe it is undervalued in some way right and theres a lot of different aspects of that, brian and you and i had this conversation just a week or two ago on air on the 5 00 show. We were talking about amazon and you and i were arguing i said the real story behind amazon, its aws and i continue to call it, the cloud company. I understand the ecommerce. We all understand that but thats the part of this that makes it pretty interesting, because i think they are starting to feel a little bit of pressure which is why maybe they were down and theyve shown some strength obviously recently, the stocks moved back to the up side and its down as you said about 7 from those highs. Why is that . Maybe thats because they are getting a lot of competition from microsoft and google thats starting to penetrate and slow down some of the growth they had at aws it doesnt mean theyre winning but for now quarter by quarter, maybe theyre eating into that a little bit so i continue to look at this. I love what they are as a company. I think we all do. We can appreciate they have made Many Companies far better because of them existing but that being said, i think its actually now where you look at Something Like an amazon and you say you still look at valuation. It still makes it difficult to say i got to own this stock, but they do own ecommerce to some degree and they are the leader with their aws. So when youre strong in those two aspects that does say a lot and thats why i think there is probably still up side for amazon from here pete, you know i love you, but im going to disagree a little bit i think that the big driver of amazon recently, theres tw twofold one is the 18 increase in online buying that weve seen over the christmas season. And the second is that we have 10 million more people who have gone back to work in the last several years. Those consumers are buying more online, and amazon is going to be its the goto place its a stock that has underperformed this year and if you look at a chart of the amazon, look at a chart of amazon you can make the case if youre josh brown or maybe i can make the case that its breaking out right here so i think its possible that underperformance has been just a settling in to its high multiple that the earnings may exceed expectations sometime in the next few quarters. They usually dont exceed expectations but they could. And buyers are starting to come back to amazon which is interesting the retail aspect of online which is interesting because major brands seem to be leaving it go look for a backpack and you have 12 brands youve never heard of and theyre all made in china, i want this or that, you different conversation. With the markets at all time highs, you might have heard about that lets get the traders 2020 stock play books all right, pete. Lets start with you going for the minneapolis homeward trifek a. Yeah. Target, bancorp and polaris they may be in the first building i wanted to go with a theme whats better . I had a lot of choices these are the top three i came up with. Target, heres what i like i know the stock has rocketed to the up side. Trading 129 give or take per share. It still trades less expensive than walmart at a pe thats under 20. A forward pe of call it 18 theyre doing everything right the commitment that they made and carrie, this sort of plays against what you were talking about, though. Look at their online look at what target has done with that. And with shipped and a lot of different elements the 7 billion they put into redoing these stores because they are bricks and mortar still, even with the growth in ecommerce i look at target and say this is a company that still has room to the up side. By the way, their private label has been an absolute killer for them as well so thats my kind of pitch for you in terms of whats target. U. S. Bank polaris okay. They made a great acquisition a couple years ago and thats finally starting to be something. They bought bennington boats i know you know those. Bennington boats was a huge acquisition. They paid a decent amount of money and had some debt. Theyve been paying down the debt i look at a Company Trading 13, 14 times in terms of their forward earnings, and the potential now, they had to go through some hiccups along the way. They had some recall issues. That was something they had to deal with the trade war. Now theyre negotiating obviously even with the oval office in terms of hey, look, we need what we need. If its not coming from china, were going to have to move some of our facilities. Weve done our shows from huntsville, alabama and spirit lake, iowa and minnesota thats where they manufacture. I guess the one pushback on polaris, a Great Management Team the ceo is a great guy they are highly exposed to a consumer if youre betting on polaris, you better bet that consumer is going to buy the boats and all the fun stuff they make. Thats a consumer play extraordinary. Absolutely it is, and i am convinced thats an area i think in 2020 that will be strong. Thats part of the thinking behind that. My last one was u. S. Bank. U. S. Bank is just they are a perennial conservative bank. They have a great ceo. Warren buffett has a large position and has for a long time it trades at a tolerable multiple they give you a great dividend yield, and they have not only been buying back a lot of stock. They just upped that ante just the other day to buy back even more stocks. Theres a lot of reasons despite trading off 52week highs, i think it can perform nicely as well im going to support you on polar polaris. I have a competitor, win bnebago both provide to the ultra discretionary consumers. But the consumers are hanging in there. If you dont get a recession, these are great places to be in 2020 facebook, marathon, petroleum and anthem facebook, 2. 5 billion, maybe even 3 billion with the next quarter. What is that thats users on the platform active users on that platform. Biggest communication device that exists anywhere on earth ever so thats one reason another reason, about 5 5 billion in cash. Huge reasons to own that company. Marathon, you know whats happening in energy and with marathon were talking permeon and other areas. I think marathon is well positioned with a 3. 5 dividend yield or Something Like that i love this one as well. Lastly, anthem theyre in 14 States Health insurance they brought in somebody from a woman from unh who was just killing it and i think she does a great job over there for this one. Double digits. Again on the earnings side this year i think that continues into next year people on the radio, marathon mpc, not marathon oil, mro it can be confusing if youre on the radio. Its mpc love it you do love it . I do love it. I think the elliot management whatever you want to call it, conflict theyre in is going to come to fruition in the first half of the year and unlock value. Theyre going to break up the company. Thats the right thing to do the company has underperformed time to break it out investors will win out look investors in oil and gas are looking for any reason to have a glimmer of hope. Yeah. And its not just a run weve been on in the last couple weeks. Elliot in 120 sides gives a longer presentation than i can give in 12 seconds on why the breakup makes sense. All right well check that out this weekend. If you havent already. I thought you already had. Has my sunday coming up on the Halftime Report. Straight ahead the apple surge. On track for the best annual return in a decade one analyst says it could rally another 20 next year. The desk dakotas in the call of the day. The Investment Committee is ready to answer your questions in ask halftime. To reach us go to cnbc. Com halftime or tweet us. The Halftime Report is back in two minutes. vo the flock blindly falls into formation. Flying south for the winter. They never stray from their predetermined path. But this season, a more thrilling journey is calling. Defy the laws of human nature. At the season of audi sales event. And when you open a new brokerage account, your cash is automatically invested at a great rate. Thats why fidelity leads the industry in value while our competition continues to talk. Talk, talk here is your update at the hour a brawl has erupted inside serbias parliament when opposition lawmakers held up banners criticizing what they called a lack of response from serbia to events unfolding in monteneg montenegro they adopted a contested law on religious rights that resulted in chaos in their Parliament Another teenager found questioned and released in connection with the brutal stabbing death of a new York City College student the 14yearold boy was reportedly picked up in the bop bronx yesterday. Its unclear if he will face charges. Hundreds of thousands of people are asking target to go away with single use plastic bags and Jerry Hermann has died he wrote the music and lyrics for classics on broadway the cause was pulmonary complications. Jerry herman was 88. He had the talent and gift to write classics we all remember bill, thank you very much apple hitting another record high today the stock has gained more than 80 this year. The best yearly performance in a decade but widely followed lou thinks shares can gain about another 20 . Naming it the top faang pick for 2020 jim, this is just the latest im going to quickly run through december 23rd, web bush increased apple to 325 december 11th, apples target increased to 275 at evercore the Analyst Community is just literally tripping over itself to either raise their rating, their pricing at the or both yeah. Look with the exception of rosen blatt ready to sell at 150 target thanks for the cometic relief i think were entering silly season on apple. Jean monster is a fabulous analyst. But the Analyst Community, its like a scene from something about mary. You remember that movie . A few scenes . Theres a scene where a guy comes in, i have a Business Plan nvm im going to come up with seven minute abs and ben stiller says what about the guy with six minute abs the company is fabulous. But if theres one stock that has borrowed 2020s gains into 2019, its apple it probably has a lot to do with the absence of tax gain sellings 300, 400, yeah, but not in january. Maybe january of 2021. Your longterm bullish. But in the near term worried as much as i hate short term goals, this one seems obvious. Someone said why would apple go up when everybody already owns it. Its the top holding in every pension and hedge fund who is left to buy it . Thats the point i was going to make. It is widely owned its 1. 3 trillion open. Its overweighted but theres close to 5 . With do we really want more apple i dont think so i worry its almost sack religious to say anything against apple, but no one liked apple 12 months ago. I did well, yes, but the tone was really negative about apple and the trade wars and how things were going to collapse for them overseas and tim cook deftly dealt with the white house dealt with donald trump thats great is that going to happen again . Were up 80 from a year ago i think theres an important chart. I hope you can pull it up. The s p growth versus value ind index. People have been talking all year or certainly the last six months about how value is outperforming growth value is outperforming growth. Its up 32 this year versus 31 for growth, and in the last four months of the year, its up about 10 more if you look at the chart there it is look at that look at how good shoutout to the halftime team. They drew that by hand in the last ten seconds going down, well see the last four months why is it that value, the orange, should be so far ahead of growth . Well, its because apple has been in value. It represents almost 10 a big part of that has to be utilities . No. Not really utilities is yeah, but the top names in the index are apple which is the biggest. Up 5 it represents 5. 2 . It is more than citi, jpmorgan,back jpmorgan, bank of america, walmart, and another combined in the top of that index so its apple and ship stocks that have had these dramatic moves. Now apple has moved into growth. Its no longer in value. If you you think its portfolio shifting going on . Some of the biggest stock moves up everybody has to buy or index is up have to adjust i think the move apple had this year, 80 has been so dramatic its really hard to shift positioning that fast if youre a Portfolio Manager on the other side of the trade. I worry that, again, its owned. Its widely owned in. Too owned maybe well hard to get it going another 80 with 5g coming, i talked about it with the focus and apple is not at consumer electrics show because they dont need to be they do their own shows but nonetheless, 5g is why everybody if they are getting hahead of themselves, thats why when that comes out in september, thats lights out for apple. Totally lights out youve been on this ces trade. Every say youre like im trying to get cnbc to pay for my trip to vegas you need help every time i look at your instagram, youre somewhere else stealing pizza money in the blitz, talking about michaels. The retailer act vision darden video games, quilting, and endless pasta bowls. First a check on the sectors on another highs for the markets. Communications down a bit. The dow 56 were back right after this. Yes im stuck in the middle with you, no one likes to feel stuck, boxed in, or held back. Especially by Something Like your cloud. Its a problem. But the ibm cloud is different. Its open and flexible enough to manage all your apps and data securely, anywhere, across all your clouds. So it can help take on anything from rebooking flights on the fly, to restocking shelves on demand, without getting in your way. brakes screeching okay. So, today youre going to leave your phone with a guy named flip. ding but its more than your phone, its your business, your customer data, your sales figures. And who can forget, those happy hour selfies . Not flip. honking, gasping this isnt working. Introducing samsung Business Security solutions, with knox software. With the galaxy note10, you can remotely wipe data or lock phones, so your business is secure even when your phone isnt. Samsung business solutions. Even when your phone isnt. Save kids with cancer. Judeeverywhere. Like. Wide new york. Oklahoma. Tennessee. Florida. Donate now at stjude. Org or shop wherever you see the st. Jude logo. Folks, we on the Halftime Report love it when you send us your questions and we want you to do that right now. Please, cnbc. Com half time well answer your questions and even say your name go to cnbc halftime or get us on twitter with the hash t tag askhalftime michaels, the crafting retailer replacing its ceo with a former walmart ecommerce executive. Were seeing a lot of that sort of thing. Theyre picking executives from successful operators like walmart and target sorry, brian, but bed bath and beyond has been doing that now were seeing the likes of Michaels Stores doing it with this walmart executive i think its a smooth move i say at 6 a share, buy it. The stock lost half the value in six months. Its not i mean. Its another beaten up ret l retailer soaring today rite aid, shares up. Its up in the last month 300 why good question Short Covering the shock was priced for bankruptcy and they blew out their last earnings the shorts have been scrambling to cover it. It was heavily shorted if youre looking at this stock up 300 is not the time to buy its time to ring the Cash Register but the company is not going out of business. The average price target on rad is 7. 70 stock is at 21. 70 and the average rating is a sell im not knocking analysts. Im saying ive never seen a Stock Company whose stock price was three times. The reverse stock split april or Something Like that that got that squeeze started its continued to jims point. Good times. Exactly camp hill dont be buying this. Dont good times. Well call it harrisburg next up, Activision Blizzard most important tech trends for 2020 youre a former gaming analyst i think its an interesting call activision is 59 a share and it was 90 a little over a year. It sells for 24 times over next years earnings and everybody is chasing the next fortnite. They are a better Balance Sheet than Electronic Arts or take two. Its going to be the biggest Population Group in this country if not the world it is number one age is 27. Brian, youre looking for the next game. I got a vintage anyonintendor christmas. Darden restaurants, cut to hold at august research. Throwing cold water on the olive garden theyre talking about olive garden and missteps and they lowered to 20 20 and 2021. Thats not necessarily a great thing. If i think if youre looking in this space, a better place is dime they have applebees thats their core. They have i hop as well. I think they trade at a better valuation. I like whats going on theyre seeing better foot traffic as opposed to slower thats a better name likes dri good stuff, options traders are gambling this entertainment stock will move higher john and pete are offering their highest trades next. Halftime report is back tinwo minutes. Were back after this. Most people think of verizon as a reliable phone company. But to businesses, were a reliable partner. We Keep Companies ready for whats next. man we weave security into their business. second man virtualize their operations. woman and build ai customer experiences. second woman we also keep them ready for the next big opportunity. Like 5g. Almost all of the fortune 500 partner with us. woman when it comes to digital transformation. Verizon keeps business ready. But in my mind im still 25. Thats why i take osteo biflex, to keep me moving the way i was made to. It nourishes and strengthens my joints for the long term. Osteo biflex now in triple strength plus magnesium. Work day and night to end childhood cancer. Jude do they take naps . Only if their moms make them. Give thanks for the healthy kids in your life. Donate now at stjude. Org or shop wherever you see the st. Jude logo. Amd is the Top Performing stock in the s p 500 its also among the top stocks to lead the index up about 18 according to our data partners after similar gains, the trend tends to reverse with the stock underperforming two weeks later, slipping about 1. 6 for more, go to cnbc. Com kensho. Las vegas sands, options bulls are betting on more up side pete, give us the trade on lvs theyre been active in this name for a while go back to the august lows where the stock was trading close to 51 a share and they started buying aggressive buyers six separate times weve seen aggressive call bieg uying in t stock. Now trading close to 70 a share at this point. Today was interesting. Just the other day they were buying calls theyre now flipping out of, taking profits and now buying the january third expiring calls at the 71 strike. Basically pushing out one more week a little more up side one dollar more in up side playing a breakout right now i think thats interesting pretty important to see. Oftentimes when you do see this breakout, theres about a 10 room to the up side. Weve seen a lot of activity in the casino names melco, aggressive buying there its moved to the up side. Im finally out of wynn. I like to see the Las Vegas Sands calls. Im going to own these things for up to a week but they expire next friday, so not long john, what are you seeing . Well, i see a rocket is what i see. And the reason i see a rocket is because this spock Virgin Galactic is taking off the pun is intended. Strong activity. First time weve ever had it in Virgin Galactic. Symbol spce. This one theyre buying the january 11th calls i bought those calls ill probably be in them about two weeks. I asked michael whether or not they have a launch scheduled or something that might just justify this he said there might be something out there. Certainly theres a lot of buying in this name. A name that we dont usually see a lot of buying in im in it as well. And good drawing on there, by the way thank you our listeners on the radio missed his drawing of a rocket we got out of that in one piece, and there was a significant danger with john that we werent going to that was a fantastic drawing of a rocket. Thank you the desk is ready to answer your questions on northrup drummond, square, but first to dom. Lets look at whats going on overall. Right now you have some moves with regard to the overall picture. Elizabeth warren campaign, shes asking donors to step it up as fundraising in the Fourth Quarter slowed down. Well dig into some of the numbers. The rise of secondary markets why Silicon Valley employees are on the hunt for ways to cash in on all the sweat equity and borrowing beware how dealers and lenders are hurting consumers with car loans. That and much more ahead on the exchange the Halftime Report is back right after this break to helpu maintain balance and help keep you active and wellrested. Because hey, tomorrows coming up fast. Natures bounty. Because youre better off healthy. Natures bounty. But in my mind im still 25. Thats why i take osteo biflex, to keep me moving the way i was made to. It nourishes and strengthens my joints for the long term. Osteo biflex now in triple strength plus magnesium. All right. Time now for ask halftime where the traders answer your questions. First up, from rad in dallas hi, jim. Is it too late to buy Northrup Grummond no, absolutely, this is a good time to buy it because its been consolidating the last six months a very attractive price to enter. But more importantly, with the creation of the space force and the general emphasis on satellites, missiles, surveillance, and todays military, northrop grumman, this is a great name to known. Every time we go space force, we have to go space force. Next up, veronica in chattanooga, tennessee, wants to know your thoughts on American Water works. We have owned American Water works for years. Its a great utility it sells for 33 times earnings and we trimmed our position because we thought it was getting a little pricey. Theyve confirmed that theyll have 5 to 8 Earnings Growth over the next five years, or seven to ten sorry, 7 to 10 Earnings Growth over the next five years there might be a better entry point. Perhaps establish a half position and then if the stock c comes in at little bit, you can buy some more. Okay. There you go for pete, frank in wisconsin asked is it better to invest in gdx, the goldminer etf versus gld the gold etf i, right now, would lean toward the gdx, brian, because i think its got some catch up to make you see it all the time in oil as oil moves to the upside, the stocks will start to move along eventually, right . But usually, if that starts to pull back, theyre going to pull back i think a lot of the time, when we look at Something Like gold to gld right now, and you go back to 2012, this was trading 170. Its now approximately 142 the gdx is half of what it was when you look back in time i think theres a lot of room to make up for gdx to the upside so id rather be there. Good stuff there. Finally, for john, wants to know is square sq a buy, hold, or sell at this price ill give a little bit of good and a little bit of bad the good is i bought it last december on those lows and held it. The bad news is, i added to it as it ran from 52 or thereabouts to 75. You know what they say about pigs getting slaughtered well, i got slaughtered on that one. It pulled back into the 60s, brian, i reloaded got back in more aggressively there. It hasnt moved up much from there. Still in the 60s right here. Weve got upside call buying that weve had several weeks ago in this name i would hold it. I think the thing that works against you is the jack dorsey, who runs both twitter and square, is over in africa for x amount of time whether its three months, four months, however long hes going to be over there and this one needs leadership. Hopefully, the people that hes put in charge can do just that, brian, because this could be on the same track that paypal is on and that ones on a tear this one has not done that. Hogs get fed. Pigs get slaughtered, i believe is how it goes good stuff there thank you for all your questions. Fil adnatres are straight ahead on the Halftime Report. This app solves my problems. Its super easy, all the exercises include demonstration videos. I love the 30 day fitness app. vo thewith every attempt, strto free itself,piders web. It only becomes more entangled. Unaware that an exhilarating escape is just within reach. Defy the laws of human nature. At the season of audi sales event. Itreat them all as if, they are hot and energized. Stay away from any downed wire, call 911 and call pg e right after so we can both respond out and keep the public safe. Stocks could be headed for a precipitous drop in the First Quarter of 2020 says one top money manager. For more on the pullback risks, read the article at adgniocn. Com you have to print, walk, sign, scan, recycle, walk, email yourself. Really . More walking, try again, waiting, recycle, walk, email yourself, then get back to your day. Or not. This isnt working. Introducing samsung paperless workflow solutions. With the galaxy tab s6, you can sign Digital Documents onscreen, with a finger or your s pen. Samsung business solutions. With a finger or your s pen. When i lost my sight, my biggest fear was losing my independence. Mmm. Good. So ive spent my life developing technology to help the visually impaired. We are so good. We built a guide that uses ibm watson. To help the blind. It is already working in cities like tokyo. My dream is to help millions more people like me. It is already working this piece is talking yeah . So what do you see . I see an unbelievable opportunity. I see bestinclass platforms and education. I see awardwinning service, and a trade desk full of experts, available to answer your toughest questions. And i see it with zero commissions on online trades. I like what youre seeing. Its beautiful, isnt it . Yeah. Td ameritrade now offers zero commissions on online trades. All right. Time for final trades. Lets go around the horn first off, pete, in minneapolis, what do you got . Hey, brian, bristle meyers. This name hits all the time on unusual activity i bought the stock not terribly long ago i like what i am seeing there. I like the pharmaceutical space in general so i am in a lot of different names but i added bristle meyers i really like it. Jim here we go. Intel. I love it when a stock breaks out and nobodys talking about it weve been talking about the semis. We havent been talking about intel. Look for intel to just rocket from here in 2020. Kari. I like bio haven. Its a small cap name. Biotechnology company. They have a new breed of migraine drug. There hasnt been an introduction in years and we think theyll get approval this year and the stock will go higher. And john . Brian, beginning of december, jim cramer and i talked about shopify, shop. I mentioned it from usual activity jim said theyre approached all the time take a look at it. That does it for us the exchange begins now. All right. Thanks very much heres whats ahead on the show. Stocks hitting all new time record highs again today as the market tries to finish a recordbreaking decade on a high note a record high note should investors fear what could be ahead or just ride this wall street wave to the upside plus, amazons off the charts growth. The stock is up more than 120,000 since it went public. But will the 2020s cool the bezos boom and a head scratching story about auto lending that will bring you back to the seeds of the housing bubble that is all ahead but we begin