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Nvidia Down About 10% From All-Time Highs: Prominent Trader Says He Has Cashed Out Of The Stock Barely A Week Ahead Of Earnings And Will 'Decide On Re-entering' Later
Wednesday, August 21, 2024 - 3:45am | 584Shares of Nvidia Corp. (NASDAQ:NVDA), the poster child of the artificial intelligence revolution, have seen some volatility in recent sessions along with the recent broader market. What Happened: Steve Grasso, a Wall Street trader and market analyst, said Tuesday that he now does not hold a...
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Rivian's 'Exponential Move' Vs. Apple's 'Incremental Grind:' Why This Trader Wants To Exit Tech Giant And Pile Into EV Startup
Friday, July 7, 2023 - 2:39am | 498Apple Inc. (NASDAQ:AAPL) is now a company with a whopping $3 trillion market capitalization — but one trader is making a bold move, preferring to cash out on the iPhone maker and invest in EV startup Rivian Automotive, Inc. (NASDAQ:RIVN). What Happened: Speaking on CNBC’s Fast...
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Has Tesla Lost The Cool Factor? Why This Investor Prefers Rivian Stock
Thursday, March 24, 2022 - 5:59pm | 375Despite the wild swings in Tesla Inc (NASDAQ: TSLA) shares year-to-date, Grasso Global CEO Steve Grasso has pointed out that the stock is actually less volatile than its EV competitors. "Tesla is actually seen as the stable EV company," Grasso said Thursday on CNBC's "...
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'Fast Money' Picks For September 20
Sunday, September 19, 2021 - 3:10pm | 195On CNBC's "Fast Money Final Trades," Steve Grasso said FedEx Corporation (NYSE: FDX) hired 90,000 seasonal workers ahead of the holiday season and last year it hired 70,000. The company is bullish on the holiday season, so he is bullish on the stock and he wants to buy it. Pete...
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'Fast Money' Picks For September 7
Monday, September 6, 2021 - 12:22pm | 193On CNBC's "Fast Money Final Trades," Steve Grasso said Paysafe Ltd (NYSE: PSFE) has not performed at all. He is still in the name and he still has conviction. Nadine Terman is a buyer of iShares MSCI Europe Financials ETF (NASDAQ: EUFN). She sees great earnings growth in the European...
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'Fast Money' Picks For August 30
Sunday, August 29, 2021 - 9:59am | 131On CNBC's "Fast Money Final Trades," Tim Seymour picked a long position in EOG Resources Inc (NYSE: EOG) as his final trade. Steve Grasso is a buyer of Trinseo S.A. (NYSE: TSE), Bonawyn Eison is bullish on VIX. He said volatility is starting to find a floor around 15. Jeff Mills wants...
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'Fast Money' Picks For August 16
Monday, August 16, 2021 - 7:54am | 170On CNBC's "Fast Money Final Trade," Steve Grasso said active customers in Chewy Inc (NYSE: CHWY) are increasing, which means revenues are increasing. He is a buyer of the stock. Bonawyn Eison wouldn't buy Uber Technologies Inc (NYSE: UBER). He advised viewers not to catch a...
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'Fast Money' Picks For August 9
Sunday, August 8, 2021 - 9:33am | 133On CNBC's "Fast Money Final Trade," Steve Grasso said he thinks investors misheard what Trinseo S.A. (NYSE: TSE) had reported. He is a buyer of the stock. Carter Worth would be a buyer of weakness in gold. Bonawyn Eison said Peloton Interactive Inc (NASDAQ: PTON) looks little weak. He...
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'Fast Money' Picks For July 6
Monday, July 5, 2021 - 7:20am | 133On CNBC's "Fast Money Final Trades," Tim Seymour said he likes Walmart Inc (NYSE: WMT). The stock has underperformed this year, but Seymour likes the valuation. James McDonald is a buyer of American Express Company (NYSE: AXP). Mike Khouw said Ford Motor Company (NYSE: F) is trading cheap despite...
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'Fast Money' Picks For June 28
Sunday, June 27, 2021 - 4:24pm | 133On CNBC's "Fast Money Final Trades," Delano Saporu said he would buy Square Inc (NYSE: SQ). Tim Seymour likes Delta Air Lines, Inc. (NYSE: DAL). Karen Finerman said the sell-off in FedEx Corporation (NYSE: FDX) after earnings is way overdone. She is happy to own it at its current...
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'Fast Money' Picks For June 21
Monday, June 21, 2021 - 8:05am | 163On CNBC's "Fast Money Final Trades," Tim Seymour said fifth time is going to be the charm in Amazon.com, Inc. (NASDAQ: AMZN) attempt to break above $3,500. He is a buyer of the stock. James McDonald said if this is the end of the bull market, at least in the short term, ProShares...
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'Fast Money' Picks For June 14
Sunday, June 13, 2021 - 9:20am | 162On CNBC's "Fast Money Final Trades," James McDonald said he has a price target of $20 for Beauty Health Co (NASDAQ: SKIN). Victoria Fernandez is a buyer of Oracle Corporation (NYSE: ORCL). The catalyst for the stock is the cloud space going forward, she said. Dan Nathan wants to buy...
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'Fast Money' Picks For June 7
Sunday, June 6, 2021 - 11:22am | 140On CNBC's "Fast Money Final Trades," Tim Seymour picked Alphabet Inc Class A (NASDAQ: GOOGL) (NASDAQ: GOOG) as his final trade. Guy Adami wants to buy Docusign Inc (NASDAQ: DOCU). Karen Finerman is a buyer of TJX Companies Inc (NYSE: TJX). Steve Grasso is bullish on Resideo...
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'Fast Money' Picks For June 1
Saturday, May 29, 2021 - 12:17pm | 134On CNBC's "Fast Money Final Trades," Tim Seymour said the Brazil trade has been working. He is a buyer of iShares MSCI Brazil ETF (NYSE: EWZ). Courtney Dominguez also likes the international trade, but she would go with the developed markets and buy Vanguard Developed Markets Index...
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'Fast Money' Picks For May 24
Sunday, May 23, 2021 - 8:06am | 154On CNBC's "Fast Money Final Trades," Karen Finerman recommended a long position in Madison Square Garden Entertainment Corp (NYSE: MSGE) as a reopen trade. James McDonald wants to buy Ford Motor Company (NYSE: F). Nadine Terman is a buyer of BHP Group Ltd (NYSE: BHP). She wants to be...