Final Trades: SLB, Delta Air Lines, Horizon Kinetics and the GLD

Watch on YouTube ↗  |  January 09, 2026 at 18:22  |  1:24  |  CNBC
Speakers
Stephanie Link — Chief Investment Strategist, Hightower
Jeff DeGraff — Chief Investment Officer, MAI Capital Management
Jim Lebenthal — Partner, Cetera Investment Management
Shannon Saccocia — Investment Committee Member
Scott Wapner — Host, CNBC

Summary

The video features the final trades segment of CNBC's Halftime Report, where the investment committee presents four picks. Stephanie Link highlights INFL for its diversified inflation-beneficiary basket, Jeff DeGraff favors SLB for its international exposure and technology-driven margins, Jim Lebenthal expects strong guidance from Delta Air Lines, and Shannon Saccocia has been buying GLD. The host also promotes upcoming Closing Bell guests.

  • Panelists present their final trades on CNBC's Halftime Report.
  • Stephanie Link recommends INFL for inflation-beneficiary exposure.
  • Jeff DeGraff likes SLB for international reach and margin-driving technology.
  • Jim Lebenthal expects Delta Air Lines to report good guidance.
  • Shannon Saccocia has been buying GLD.
  • Scott Wapner promotes Closing Bell guests including Jeremy Siegel and Richard Saperstein.
Ideas
Stephanie Link Chief Investment Strategist, Hightower 0:33
INFL offers diversified inflation-beneficiary exposure.
INFL offers an eclectic basket of energy, financials, real assets, and materials, providing diversified exposure to inflation beneficiaries.
INFL MED
Jeff DeGraff Chief Investment Officer, MAI Capital Management 0:55
SLB best in class; tech drives margins.
SLB is best in class with strong international exposure and a technology edge that is driving margins higher.
SLB HIGH
Jim Lebenthal Partner, Cetera Investment Management 1:06
Expects Delta's guidance to be pretty good.
Delta Air Lines reports Tuesday morning and he expects guidance to be pretty good, noting the fourth quarter had shutdown effects but he will be on air Tuesday to hold management's feet to the fire.
DAL MED
Shannon Saccocia Investment Committee Member 1:20
Has been buying GLD.
The speaker states they have been buying GLD, indicating a bullish view on gold.
GLD LOW
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This CNBC video, published January 09, 2026, features Stephanie Link, Jeff DeGraff, Jim Lebenthal, Shannon Saccocia discussing INFL, SLB, DAL, GLD. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Stephanie Link, Jeff DeGraff, Jim Lebenthal, Shannon Saccocia  · Tickers: INFL, SLB, DAL, GLD