Lebenthal: Beyond Bonds

Fast Money Portfolio
Fast Money Portfolio

When you hear the name Lebenthal, do you only think of municipal bonds? You shouldn’t.

In a live interview on CNBC’s Fast Money James B. Lebenthal of Lebenthal Asset Management tells us he’s looking to profit from other kinds of investment entirely.

Stocks and volatility.

In stocks he likes Caterpillar, Greenbriar and United Airlines – yes an airline.

And as for volatility, he’s committed 5% of his portfolio to the Long Volatility ETF as a bet that there’s a lot of uncertainty in the market right now that’s not priced in.

Surprised? Get all the details. Watch the video now!

Posted by CNBC's Lee Brodie

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Trader disclosure: On June 21, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long AGU; Guy Adami is long MSFT; Guy Adami is long NUE; Guy Adami is long BTU; Karen Finerman is long AAPL; Karen Finerman is long BAC; Karen Finerman is long JPM; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long MSFT; Karen Finerman is long M; Karen Finerman is short SPY; Karen Finerman is short IWM; Karen Finerman is short MDY; Tim Seymour is long BAC; Tim Seymour is long INTC; Tim Seymour is long SBUX

For Dennis Gartman
Dennis Gartman is funds long CANADIAN DOLLARS
Dennis Gartman is funds long AUSTRALIAN DOLLARS
Dennis Gartman is funds long GOLD
Dennis Gartman is funds long S&P 500 INDEX
Dennis Gartman is funds long WHEAT
Dennis Gartman is funds short EURO
Dennis Gartman is funds short YEN
Dennis Gartman is funds short CORN

For James B. Lebenthal
Nothing to disclose

CNBC.com with wires.