Pete Najarian likes the pharma and biotech sector.
Steve Weiss feels you must be selective. Weiss added drug stocks may be under pressure during the Presidential election.
Trader disclosure: On December 1, 2015, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Halftime Report" traders:
PETE NAJARIAN: Long AAPL, AMAT, BAC, BMY, BP, CSX, DIS, DISCA, DKS, FOXA, GE, KKR, KO, MRK, PEP, PFE, PHM he is long calls A, ABX, BAC, BEE, DDD, DOW, EMR, FITB, GLW, LC, MOS, MRK, MSFT, PBR, POT, UA, UAL, VZ, XLF, ZIOP He is long puts FCX, MRO, X
JON NAJARIAN: Long PPG, SCTY he is long calls APA, AAPL, AVGO, BAX, CMCSA, DAL, DOW, ECA, EEM, GPRO, JAH, JBLU, KHC, LUV, MCK, MDLZ, MOS, MSFT, MU, NVDA, OAS, P, PPG, PXD, RLL, SCTY, TSM, XLNX, ZOIP
JOE TERRANOVA: Long VRTS
STEVE WEISS: Long AAL, AKAM, C, DLTR, MU, VIA