On CNBC's "Halftime Report Final Trades," Stephen L. Weiss of Short Hills Capital Partners named Nvidia Corporation (NASDAQ:NVDA).
In an episode of the Bg2 Pod, Nvidia CEO Jensen Huang lauded OpenAI as one of the most influential companies of today's era. The podcast, aired on Sunday, featured a conversation between Altimeter Capital's CEO Brad Gerstner, partner Clark Tang, and Huang.
During the discussion, Huang expressed his admiration for OpenAI, which despite several high-profile departures, raised $6.6 billion at a $157 billion valuation.
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Bryn Talkington of Requisite Capital Management said Energy Transfer LP (NYSE:ET) has an 8% distribution yield.
Energy Transfer will release earnings for the third quarter of 2024 on Wednesday, Nov. 6, after the market closes. Analysts expect the company to report quarterly earnings at 34 cents per share on revenue of $23.52 billion.
Sarat Sethi of DCLA said PayPal Holdings, Inc. (NASDAQ:PYPL) is "executing really well" and there's more to come.
On Monday, Goldman Sachs analyst Will Nance maintained PayPal with a Neutral and raised the price target from $69 to $79, while Mizuho analyst Dan Dolev maintained the stock with an Outperform and raised the price target from $90 to $100.
Bill Baruch of Blue Line Capital picked United Rentals, Inc. (NYSE:URI), which is scheduled to report quarterly earnings next week.
United Rentals will hold its third quarter 2024 conference call on Thursday, Oct. 24. Analysts expect the company to report quarterly earnings at $12.48 per share, up from $11.73 per share in the year-ago period.
Price Action:
- Energy Transfer gained 0.2% to close at $16.55 during Monday's session.
- NVIDIA shares rose 2.4% to settle at $138.07 on Monday.
- PayPal shares gained 0.2% to settle at $80.67 on Monday.
- United Rentals shares gained 2.3% to close at $838.05.
- Wall Street's Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 4% Dividend Yields
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