Star Bulk Carriers, New York Community Bancorp gain after CNBC commentor pitch (update)
17rst/iStock via Getty Images


Update 2:13pm: Adds UNH recommendation.
Star Bulk Carriers (NASDAQ:SBLK) neared session highs, up almost 5%, after a CNBC commentator pitch earlier. New York Community Bancorp (NYSE:NYCB) also rose 1.5%, helped by a recommendation from the same commentator.

Jenny Harrington pitched Star Bulk Carriers (SBLK) and New York Community, citing the likely completion of its planned purchase of FlagStar Bancorp. (NYSE:FBC), Harrington said in a CNBC segment about stock picks for 2022. Western Union (NYSE:WU) was another pick by Harrington and she said the stock could hit $26/share. Western Union rose 2.7%.

On Semiconductor (NASDAQ:ON) was also moving up after CNBC commentator Stephen Weiss recommended the shares, seeing a potential 50% increase this year. He also pitched Qorvo Inc. (NASDAQ:QRVO) and sees the semiconductor name as a possible takeover play. Qorvo rose 1.5%.

Shares of Gap (NYSE:GPS) saw a modest uptick after CNBC's Jon Najarian noted unusual options activity today and he also noted usual options activity in Robinhood Markets (NASDAQ:HOOD). Gap gained 4%, while Robinhood advanced 4.5%. 

Najarian also pitched the VanEck Vecktors Semiconductor ETF (NASDAQ:SMH) and CNBC commentator Liz Young recommended the Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV).
"This particular ETF is the 100 stocks that have exhibited the lowest vol over the last 12 months and it reconstitutes quarterly," Young said. "It's a good option in times when I think we are going to continue to see whiplash. You don't want to have all the stocks that are going to participate in that whiplash on the up or the downside."
CNBC commentator Joe Terranova pitched UnitedHealth Group (NYSE:UNH) and forecast the stock potentially going well into the $500s.
Also see, Shipping stocks lead industrial gainers, Lilium takes #1 loser tag.