On CNBC's “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said he is staying long on NVIDIA Corporation (NASDAQ:NVDA).
After the closing bell on Wednesday, Nvidia reported better-than-expected first-quarter financial results and issued strong revenue guidance for the second quarter. Nvidia reported first-quarter revenue of $81.615 billion, up 85% year-over-year. The revenue figure beat the Street consensus estimate of $78.796 billion, according to Benzinga Pro data. The company reported earnings per share of $1.87, beating a Street consensus estimate of $1.76.
Jim Lebenthal, partner at Cerity Partners, picked Delta Air Lines, Inc. (NYSE:DAL).
Supporting his view, Bernstein analyst David Vernon, on May 11, maintained an Outperform rating on Delta Air Lines and raised the price target from $81 to $88.
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Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, recommended Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG).
Lending support to his choice, Wells Fargo analyst Ken Gawrelski, on Wednesday, maintained Alphabet with an Overweight rating and boosted the price target from $427 to $435.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, named The Goldman Sachs Group, Inc. (NYSE:GS) as his final trade.
On April 13, the firm posted first-quarter earnings of $17.55 per share. It beat the analyst consensus estimate of $16.30 per share. Goldman Sachs also reported quarterly sales of $17.227 billion, which beat the analyst consensus estimate of $16.970 billion.
Price Action:
- Nvidia shares gained 1.3% to close at $223.47 on Wednesday.
- Delta Air jumped 9.4% to settle at $74.12 during the session.
- Alphabet shares gained 0.3% to close at $388.91 on Wednesday.
- Goldman Sachs shares rose 5.8% to close at $982.12.
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