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Najarian: Stay nimble, take profits in crazy times

Jon Najarian, Najarian Family Office
Adam Jeffery | CNBC

CNBC "'Halftime Report " trader Jon Najarian sold his gun and beer stocks after one day to take advantage of a bounce in the market.

In another move, trader Joe Terranova bought shares of Range Resources and Cabot Oil & Gas, both U.S.-based energy producers, for his model portfolio Thursday.

Here's why Najarian sold Anheuser-Busch InBev and Smith & Wesson in such a short-term trade.