×

Top trader Najarian: Buy this financial

State Street Financial Center building, which houses the company's headquarters, in Boston, Massachusetts.
Brent Lewin | Bloomberg | Getty Images
State Street Financial Center building, which houses the company's headquarters, in Boston, Massachusetts.

CNBC "Halftime Report" trader Jon Najarian bought shares of State Street Corp. on Wednesday after spotting unusual activity in the options market.

Najarian is in second place in the CNBC Pro's Model Portfolio competition, up 10 percent on the year, beating the S&P 500, which is up 1 percent.

Here is what Najarian sees and why he thinks the stock can rally from here.

Contact Investing

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    Get these newsletters delivered to your inbox, and more info about about our products and service. Privacy Policy.