Marriott, Vistra, Taiwan Semiconductor And More On CNBC's 'Final Trades'

Author: Avi Kapoor | October 29, 2024 07:30am

On CNBC's “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management said Marriott International, Inc. (NASDAQ:MAR) is breaking out.

Marriott International will report third-quarter earnings results on Monday, Nov. 4. Analysts expect the company to report quarterly earnings at $2.31 per share, up from $2.11 per share in the year-ago period. The company projects to report quarterly revenue of $6.27 billion, up from $5.89 billion a year earlier.

Bryn Talkington of Requisite Capital Management said Sprott Uranium Miners ETF (NYSE:URNM) looks good for a trade up to 60.

Don't forget to check out our premarket coverage here

Rich Saperstein of Treasury Partners named Vistra Corp. (NYSE:VST) as his final trade.

On Oct. 22, UBS analyst William Appicelli maintained Vistra with a Buy and lowered the price target from $157 to $150.

Stephen L. Weiss of Short Hills Capital Partners picked Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM).

Taiwan Semiconductor Manufacturing has halted shipments to China-based chip designer Sophgo after discovering its self-made chip on Huawei Technologies Co's Ascend 910B AI processor. Sophgo, linked to cryptocurrency mining company Bitmain, reportedly ordered chips identical to those in Huawei's processor, according to Reuters.

Price Action:

• Marriott shares gained 0.2% to close at $262.55 during Monday's session.
• Sprott Uranium Miners ETF gained 0.3% during Monday's session.
• Vistra shares gained 3% to close at $127.78 on Monday.
• Taiwan Semiconductor shares fell 4.3% to settle at $194.68.

Check This Out:

• Top 3 Industrials Care Stocks That Plunge This Month

Image: Shutterstock

Posted In: MAR TSM URNM VST