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Sechan said energy stocks are trading at a 40-year low in terms of price/book. Weiss asked, "How many periods in the last 40 years was the U.S. the largest producer of oil?" Sechan responded that Weiss a while back got into MLPs when they were "gettin' smoked," and it worked out. Weiss indicated that was short-term. "I got out, 40% up, I got out, 3 months later, 4 months later," Weiss said.
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Weiss said he also added to AAPL Wednesday morning. On the Halftime Report, Jon Najarian said he had encouraged Larry to pursue the position because he's a "calming voice" for the president. "He is the right guy at the right time, I think," Doc said.
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Mobile Apps: Leslie Picker recapped the Ira Sohn picks (which we've been hearing for nearly 24 hours straight in merry-go-round-like fashion on CNBC). Referring to Einhorn, Steve Weiss said he'd be surprised if the whole world didn't already know about about AGO's Puerto Rican exposure. "It's not a new story; you're not- you're not Inspector Clouseau uncovering it, maybe you are, I don't know," Weiss said.
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Rob Sechan tried to make a point about what happens when tech falters, but Brown cut him off before we could figure out what Sechan was saying. Brown said financials have taken a beating, not just tech stocks.
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The biggie came March 2, when Joe again made TWLO his final trade at $37, predicting it "doubles by the end of 2018."
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0 replies Kate Moore's final trade was emerging markets. Jim Cramer said Intel's "storyline is gonna be autonomous vehicles." Doc said EPD. Stephanie Link said she added to GS.
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