Benzinga - by Avi Kapoor, Benzinga Staff Writer.
On CNBC's “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners said he is making good money in NVIDIA Corporation (NASDAQ:NVDA) and believes he will continue to do so.
The chipmaker giant has seen an astounding 186% surge since the end of May 2023, fueled by skyrocketing demand for chips in artificial intelligence development.
Stephanie Link of Hightower said she likes GE HealthCare Technologies Inc. (NASDAQ:GEHC).
On April 30, GE Healthcare Technologies reported first-quarter sales of $4.6 billion, down 1% Y/Y, and were approximately flat on an Organic basis, with decreased volume partially offset by positive price, missing the consensus of $4.8 billion.
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Joseph M. Terranova of Virtus Investment Partners named Netflix, Inc. (NASDAQ:NFLX) as his final trade.
Netflix is planning to bank on the success of “Squid Game: The Challenge,” as it gears up to launch a new reality game show, Million Dollar Secret.
The company may soon stop supporting offline viewing on its Microsoft Corp (NASDAQ:MSFT) Windows app, according to multiple posts on X (formerly Twitter).
Price Action:
- NVIDIA shares rose 0.8% to close at $1,148.25 on Wednesday.
- GE HealthCare Technologies shares fell 0.4% to settle at $78.45 during Wednesday's session.
- Netflix shares rose 0.9% to close at $654.62 during Wednesday's session.
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