On CNBC’s “Halftime Report Final Trades,” Joseph M. Terranova, senior managing director for Virtus Investment Partners, recommended NVIDIA Corporation (NASDAQ:NVDA).
Nvidia, on June 12, expanded its Washington D.C. presence by appointing veteran lobbyist Bruce Andrews to steer its government affairs as U.S.-China tensions over advanced AI chips continue to escalate. Andrews will serve as its chief external affairs officer, reporting to General Counsel Tim Teter.
Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, named Toast, Inc. (NYSE:TOST) as his final trade.
Supporting his view, Piper Sandler analyst Billy Fitzsimmons assumed coverage of Toast on June 11, assigning an Overweight rating and setting a price target of $32.
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Rob Sechan, CEO of NewEdge Wealth, picked Microsoft Corporation (NASDAQ:MSFT).
According to recent news, Microsoft announced 4,800 job eliminations in a company note on Monday.
Stephanie Link, chief investment strategist, head of investment solutions and equity portfolio manager at Hightower Advisors, recommended buying ServiceNow, Inc. (NYSE:NOW).
Supporting her view, Guggenheim analyst John Difucci upgraded ServiceNow from Neutral to Buy on July 1 and set a $125 price target.
Price Action:
- Nvidia shares gained 0.7% to close at $196.93 on Tuesday.
- Toast shares rose 0.4% to settle at $29.61 during the session.
- Microsoft shares gained 0.5% to close at $388.84 on Tuesday.
- ServiceNow shares rose 2.6% to settle at $110.73 during the session.
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