On CNBC’s “Halftime Report Final Trades,” Kevin Simpson of Capital Wealth Planning picked Nvidia Corporation (NASDAQ:NVDA), saying they have been here for three days in New York for a road show. “Investors like what they see,” he added.
On Thursday, Morgan Stanley analyst Joseph Moore reiterated Nvidia with an Overweight and maintained a $150 price target.
In January, Nvidia chief Jensen Huang will deliver a keynote at Consumer Electronics Show 2025. The tech event will occur in Las Vegas from January 7-10, 2025. The event coincided with rumors of next-gen Nvidia GPUs appearing in 2025, the Verge reported.
Liz Young Thomas of SoFi named The Health Care Select Sector SPDR Fund (NYSE:XLV) as her final trade.
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Joshua Brown of Ritholtz Wealth Management picked Samsara Inc. (NYSE:IOT).
On Sept. 5, Samsara reported quarterly earnings of 5 cents per share which beat the analyst consensus estimate of 1 cent per share. The company reported quarterly sales of $300.20 million which beat the analyst consensus estimate of $289.54 million.
“We achieved another strong quarter of durable and efficient growth at a greater scale. Q2 ended at $1.264 billion in ARR, growing 36% year-over-year, and at a quarterly record non-GAAP operating margin,” said Sanjit Biswas, co-founder and CEO of Samsara.
Price Action:
- NVIDIA gained 1.6% to close at $134.81 during Thursday’s session.
- The Health Care Select Sector SPDR Fund fell 0.4% on Thursday.
- Samsara shares gained 5.6% to settle at $50.61 on Thursday.
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