Jon Najarian's top stock picks for 2016

Jon Najarian
Scott Mlyn | CNBC
Jon Najarian

Jon Najarian begins the 2016 Halftime Report Portfolio Challenge by selecting several blue chip companies that have had heavy buying interest into this year.

The co-founder of and is a proponent of buying stocks with unusual activity in the options market as he believes it may signal future institutional buying interest.

Here are his new ideas for the new year and his reasons for buying them for his model portfolio.

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