Halftime Report: 8 Stocks With Upside

http://www.cnbc.com/id/36001683?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo

Cliffs was one of them.

-sg

What’s the trade?

I'm bullish iron ore, says Steve Grasso of Stuart Frankel. I think the spot price has room to run. And I'd play it with a long position in Vale [VALE 31.57 1.53 (+5.09%) ] but with a tight stop.

I think commodities take the entire market higher, adds Pete Najarian. I’d Look at Cliffs [CLF 69.72 4.48 (+6.87%) ] or Walter Energy [WLT 91.30 5.00 (+5.79%) ] , he counsels. Both should have room to the upside. For that matter Caterpillar [CAT 62.41 2.46 (+4.1%) ] , Bucyrus [BUCY 69.07 3.89 (+5.97%) ] and Joy Global [JOYG 58.17 1.95 (+3.47%) ] also probably have more upside. But if you establish a new position at these levels make sure to buy put protection, he counsels.