On CNBC’s “Halftime Report Final Trades,” Jim Lebenthal, partner at Cerity Partners, picked NVIDIA Corp (NASDAQ:NVDA), which sold off after reporting great earnings and guidance.
Nvidia, on Feb. 25, reported fourth-quarter revenue of $68.13 billion, up 73% from last year’s fourth quarter. The record revenue total beat a Street consensus estimate of $66.0 billion, according to data from Benzinga Pro. The company reported quarterly earnings per share of $1.62, beating a Street consensus estimate of $1.53.
Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, named Netflix Inc (NASDAQ:NFLX) as his final trade.
Supporting his view, CFRA analyst Kenneth Leon, on March 6, upgraded Netflix from Hold to Buy and announced a $115 price target.
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Joseph Terranova, senior managing director, Virtus Investment Partners, recommended Live Nation Entertainment Inc (NYSE:LYV).
As per the recent news, Live Nation Entertainment, on Monday, announced that it has reached a settlement with the U.S. Justice Department in antitrust case.
Price Action:
- NVIDIA shares rose 2.7% to close at $182.65 on Monday.
- Netflix shares fell 0.7% to close at $98.32 during the session.
- Live Nation Entertainment shares gained 6.2% to settle at $165.80 on Monday.
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