CNBC’s Closing Trades: EV Shares, Ford, Wynn Resorts, Dicks Sporting Items


In CNBC’s “Final Trades Mid-Term Report,” Liz Young of BNY Mellon Investment Management said electric and autonomous vehicles will be the long-term issue.

“I think there is fiscal power behind it. I think that’s consumer power behind it, ”she said.

Young suggested diversifying investments, including manufacturers of components for electric vehicles. the Global X Autonomous and Electric Vehicles ETF (NASDAQ: DRIV) was up 0.41% to $ 31.89 in after-hours trading on Monday.

Joseph Terranova named by Virtus Investment Partners Ford Motor Company (NYSE: F) as the top pick. He said he would share from. to sell Starbucks Corporation (NASDAQ: SBUX) to raise capital to invest in Ford.

James Lebenthal of Cerity Partners said there were two reasons to keep going Wynn Resorts, Limited (NASDAQ: WYNN).

“First of all, the reopening is taking place. Second, China doesn’t matter to this stock. It’s already out, ”he explained.

Stephen Weiss of Short Hills Capital Partners named Dick’s Sporting Goods Inc (NYSE: DKS) as his choice. He said he expected the company to beat forecasts despite tough competition.