Top trader Lebenthal buys more stocks, predicts rally

Jim Lebenthal
Scott Mlyn | CNBC

Jim Lebenthal, who's up 27 percent this year in his CNBC PRO model portfolio, bought additional shares of General Motors, Citigroup and J.C. Penney for the competition.

On a separate trade, Jon Najarian bought shares of Under Armour for his model portfolio, and sold out of TJX Companies.

Meanwhile, Josh Brown locked in a 13 percent gain in shares of Pool Corporation, a stock he bought back in April. With the proceeds from the sale, Brown bought shares of Workday and Curtiss-Wright, a maker of industrial components for the aerospace and defense industries.

Here's why Lebenthal is buying more shares: