×

The Halftime Report Experts Give Their Top Picks for 2016

On the final day of 2015, the "Halftime Report" traders gave their best ideas for 2016.

Josh Brown is looking at biotech. The IBB is 15% off its high earlier this spring, but the 3-year return numbers are "spectacular." Since 1-year returns have come back to earth, he thinks now is the time to buy.

Jim is focused on Qualcomm. The company is gaining traction in China, he argues, which will allow it to reinstate 2016 financial guidance.

Michael Block is watching the financials closely. Block anticipates that we'll see a run in the sector in the beginning of the year, which he believes will be a value trap. When the time is right he will be fading the sector.

Trader disclosure: On December 31, 2015 the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Halftime Report" were owned by the "Halftime Report" traders:

Josh Brown: Long AAPL, BABA, DE, DNKN, FB, JMBA, LOW,NFLX, SAM, SHAK, SPWR, TWTR, XLE, XON

Jim Lebenthal: Long AAPL, BA, C, CSCO, DCO, EEQ, GAIA, GM, INTC, JCP, KMI, MPC, OA, ORBC, PFE,QCOM, QRVO, SPLS, TIF, TRN, WGO