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Julie Hyman takes a closer look at the top stories on Wall Street after the closing bell on Asking for a Trend.

Howard Hughes Holdings (HHH) stock is in focus after Bill Ackman announced a proposal to buy 10 million shares at $90 each in an effort to build a modern-day Berkshire Hathaway (BRK-B, BRK-A).

Tortoise senior portfolio manager and managing director Rob Thummel compares names in the oil (CL=F, BZ=F) sector, focusing on Occidental Petroleum (OXY) and Diamondback Energy (FANG).

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

This post was written by Naomi Buchanan.