On CNBC's “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, named Uber Technologies, Inc. (NYSE:UBER) as her final trade.
Supporting her view, Citizens analyst Andrew Boone, on April 28, reiterated Uber with a Market Outperform and maintained a $100 price target.
Last month, Uber agreed to a fleet partnership with Hertz Global Holdings, Inc‘s (NASDAQ:HTZ) Oro Mobility, an affiliated operating company that will provide fleet management services for an autonomous robotaxi program.
The service is expected to launch in the San Francisco Bay Area later this year, with potential expansion in 2027.
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Jim Lebenthal, partner at Cerity Partners, picked Exxon Mobil Corporation (NYSE:XOM).
On the earnings front, Exxon Mobil reported a decline in first-quarter earnings on May 1. This reflects softer profitability amid a complex operating environment and ongoing market pressures.
Adjusted earnings were $4.9 billion, or $1.16 per share, while earnings excluding identified items and estimated timing effects were $8.8 billion, or $2.09 per share. The company beat expectations, with adjusted EPS of $1.16 exceeding the $1.15 estimate.
Amy Raskin, chief investment officer at Chevy Chase Trust, likes Illumina, Inc. (NASDAQ:ILMN).
Supporting her view, Illumina, on April 30, reported better-than-expected first-quarter financial results and raised its FY26 adjusted EPS guidance above estimates. The company's board also authorized an additional $1.5 billion in stock buyback.
Joseph M. Terranova, senior managing director for Virtus Investment Partners, recommended Diamondback Energy, Inc. (NASDAQ:FANG).
Diamondback Energy, on Monday, reported first-quarter earnings of $4.23 per share which beat the analyst consensus estimate of $3.30 per share. The company reported quarterly sales of $4.240 billion which beat the analyst consensus estimate of $3.753 billion.
Price Action
- Uber shares fell 1.6% to close at $73.93 on Monday.
- Exxon Mobil shares gained 0.6% to settle at $153.69 during the session.
- Illumina rose 2.6% to close at $139.37 during the session.
- Diamondback Energy shares gained 2.9% to settle at $213.69 on Monday.
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