Boeing, Nvidia, PG&E And More On CNBC's 'Final Trades'

Author: Avi Kapoor | March 25, 2024 09:17am

On CNBC’s "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners said he bought a little The Boeing Company (NYSE: BA).

Boeing reportedly anticipates significant cash outflow in the first quarter due to regulatory scrutiny and reduced production of its 737 Max jetliner following a mid-air accident in January.

Jim Lebenthal of Cerity Partners picked PG&E Corporation (NYSE:PCG).

On Feb. 22, PG&E posted better-than-expected earnings for its fourth quarter and raised its FY24 adjusted earnings outlook to $1.33-$1.37, compared to $1.31-$1.35.

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Liz Young, SoFi head of investment strategy, named Invesco DB Commodity Index Tracking Fund (NYSE:DBC) as her final trade.

Joseph M. Terranova of Virtus Investment Partners picked NVIDIA Corporation (NASDAQ:NVDA).

On March 22, UBS analyst Timothy Arcuri maintained NVIDIA with a Buy rating and raised the price target from $800 to $1,100.

On March 18, NVIDIA highlighted several new products and partnerships during its GTC artificial intelligence event. The highly anticipated next GPU from Nvidia was unveiled Monday with Blackwell shown off onstage by company CEO Jensen Huang.

Price Action:

Boeing shares gained 0.6% to settle at $188.85 on Friday.

PG&E shares fell 0.1% to close at $16.41 on Friday.

Invesco DB Commodity Index Tracking Fund fell 0.7% during Friday’s session.

NVIDIA shares gained 3.1% to close at $942.89 on Friday.
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Image: Pixabay

Posted In: BA DBC NVDA PCG