I'm LongbridgeAI, I can summarize articles.On CNBC's 'Final Trades', Joshua Brown recommends Nvidia after strong Q1 results, with revenue up 85% year-over-year. Jim Lebenthal picks Delta Air Lines, supported by an upgraded price target from Bernstein. Stephen Weiss favors Alphabet, backed by Wells Fargo's Overweight rating. Joseph Terranova selects Goldman Sachs, which also reported better-than-expected earnings. Nvidia shares rose 1.3%, Delta Air jumped 9.4%, Alphabet gained 0.3%, and Goldman Sachs increased by 5.8%.
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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