Nvidia, Alphabet, Delta Air And A Financial Stock On CNBC's 'Final Trades'

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.

Don't forget to check out our premarket coverage here

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.

Photo via Shutterstock