Zinger Key Points
- Joseph M. Terranova of Virtus Investment Partners names Amazon.com as his final trade.
- Rob Sechan is a buyer of Nvidia.
- The new Benzinga Rankings show you exactly how stocks stack up—scoring them across five key factors that matter most to investors. Every day, one stock rises to the top. Which one is leading today?
CNBC's “Halftime Report Final Trades,” Rob Sechan of NewEdge Wealth said he is a buyer of NVIDIA Corporation NVDA.
Supporting his view, on Feb. 27 Cantor Fitzgerald analyst Matthew Prisco reiterated Nvidia with an Overweight rating and maintained a $200 price target.
Stephen Weiss of Short Hills Capital Partners said he likes Taiwan Semiconductor Manufacturing Company Limited TSM. The company’s shares gained on Wednesday following a report suggesting it pitched a joint venture with several chip designers to operate Intel’s factories.
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Shannon Saccocia of NB Private Wealth named iShares Core MSCI EAFE ETF IEFA as her final trade.
Joseph M. Terranova of Virtus Investment Partners picked Amazon.com, Inc. AMZN.
Amazon.com cloud unit Amazon Web Services looks to invest $8.2 billion in India's western state of Maharashtra over the next few years, Reuters cited the Indian information technology minister Ashwini Vaishnaw on March 3.
Price Action:
- Nvidia shares gained 6.4% to close at $115.74 on Wednesday.
- Taiwan Semiconductor rose 3.6% to settle at $177.17 during Wednesday's session.
- iShares Core MSCI EAFE ETF gained 0.7% on Wednesday.
- Amazon.com shares gained 1.2% to close at $198.89 on Wednesday.
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