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DoorDash, Uber And An Energy Stock On CNBC's 'Final Trades'

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DoorDash, Uber And An Energy Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joshua Brown, CEO of Ritholtz Wealth Management, said Uber Technologies, Inc. (NYSE:UBER) is up 35% year-to-date.

As recent news reported, Uber Technologies disclosed a multi-year strategic partnership with May Mobility on Thursday to scale autonomous vehicles.

Jenny Van Leeuwen Harrington, CEO of Gilman Hill Asset Management, LLC, said Shell plc (NYSE:SHEL) trades at 10 times earnings and has a 4.3% yield.

On the earnings front, Shell reported first-quarter earnings of $1.84 per share, which beat the analyst consensus estimate of $1.65 per share. The company reported quarterly sales of $69.23 billion, which missed the analyst consensus estimate of $79.13 billion. The company also announced the commencement of a share buyback program.

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Joseph M. Terranova of Virtus Investment Partners picked DoorDash, Inc. (NASDAQ:DASH) as his final trade.

DoorDash will release its first-quarter financial results after the closing bell on Wednesday, May 7. Analysts expect the company to report quarterly earnings at 38 cents per share versus a year-ago loss of 6 cents per share. DoorDash projects quarterly revenue of $3.09 billion, compared to $2.51 billion a year earlier.

Price Action:

  • Uber shares fell 0.2% to close at $80.89 on Thursday.
  • Shell gained 0.5% to close at $64.80 during Thursday's session.
  • DoorDash shares gained 1.7% to close at $196.20 on Thursday.

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Posted-In: Halftime Report Final Trades Jenny Van Leeuwen Harrington Joseph M. TerranovaLong Ideas News Markets Media Trading Ideas

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