Trader: Buy this airline stock

A Jet Blue aircraft takes off from Long Beach Airport in Long Beach, CA.
Tim Rue | Bloomberg | Getty Images

CNBC "Halftime Report" trader Joe Terranova is scooping up shares of JetBlue in a bet the airline stock will resume its rally following a recent pause.

After rising more than 90 percent in the past 12 months, shares of JBLU have fallen about 8 percent from a multiyear high in May.

Here's why the trader is making the stock a top pick for his model portfolio in the CNBC Pro competition.