Stephen Weiss Snaps Up Boeing Shares
During CNBC’s “Halftime Report Final Trades,” Stephen Weiss of Short Hills Capital Partners revealed his recent purchase of The Boeing Company (BA) shares.
Boeing Faces Financial Headwinds
Boeing is bracing for a considerable cash outflow in the first quarter due to regulatory scrutiny and decreased production of its 737 Max jetliner following an aviation incident in January.
Jim Lebenthal’s Pick: PG&E Corporation Shares
Jim Lebenthal of Cerity Partners opted for PG&E Corporation (PCG) shares, following the company’s better-than-expected fourth-quarter earnings and an improved FY24 adjusted earnings outlook.
Liz Young’s Closing Bell Call
Liz Young, SoFi’s head of investment strategy, selected Invesco DB Commodity Index Tracking Fund (DBC) as her final trade.
Joseph M. Terranova Selects NVIDIA Corporation
Joseph M. Terranova of Virtus Investment Partners chose NVIDIA Corporation (NVDA) as his investment pick.
UBS analyst Timothy Arcuri upheld NVIDIA with a Buy rating on March 22 and increased the price target from $800 to $1,100.
On March 18, NVIDIA unveiled various new products and partnerships at its GTC artificial intelligence event. The highly anticipated next GPU from Nvidia, Blackwell, was introduced by CEO Jensen Huang.
Price Movements
Boeing shares closed at $188.85 on Friday, marking a 0.6% increase.
PG&E shares ended at $16.41 on Friday, experiencing a slight 0.1% decline.
Invesco DB Commodity Index Tracking Fund fell 0.7% during Friday’s trading session.
NVIDIA shares concluded at $942.89 on Friday, rising by 3.1%.