Trader Pete Najarian said he still think there's room left to the upside in the industrial and metal stocks, given Donald Trump's promises to invest heavily in infrastructure. He said he's currently looking at ArcelorMittal, U.S. Steel and AK Steel.
Trader Tim Seymour agreed. He also cautioned that the dollar may see some headwinds soon. Seymour pointed out that the European Central Bank is scheduled to make a monetary policy announcement Thursday.
Trader Steve Grasso said he bought more homebuilder stocks like PulteGroup, because this group stands to benefit from Trump's proposed tax policies. He explained that the mostly domestic stocks will gain the most from those corporate tax cuts.