CNBC "Halftime Report" trader Jim Lebenthal purchased shares of Apple on Friday for his model portfolio. The iPhone maker is up about 7 percent on the week, cutting its loss on the year to below 2 percent.
In other model portfolio moves, Joe Terranova trimmed his positions in Pioneer Natural Resources and Concho Resources.
Watch the video below to find out why Lebenthal is bullish on Apple.
The cryptocurrency traded at $5,986.37 as of 11:27 a.m. and was 74 cents shy of reaching $6,000 according to CoinDesk.
General Electric's quarterly earnings report is not a reflection of new CEO John Flannery, Jim Cramer says.
Concerns around GE's 4.07 percent dividend yield arose after the company reported disappointing quarterly earnings.
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