Company News for July 12, 2022
- Shares of Twitter, Inc. TWTR fell 11.3% after Elon Musk pulled out of the $44 billion takeover deal on Friday.
- LVS shares of Las Vegas Sands Corp. fell 6.3% after the Macau gambling area entered a week-long shutdown to contain the spread of the coronavirus.
- Shares of The Greenbrier Companies, Inc. GBX fell 9.5% after the company reported earnings of $0.09 per share in the third quarter of fiscal 2022, missing the Zacks consensus estimate of $0.67 per share.
- AZZ shares of AZZ Inc. gained 2.4% after the company reported earnings of $1.40 per share in the first quarter of fiscal 2022, beating Zacks consensus estimate of 1.03 $ per share.
Zacks names ‘only one best choice for doubling up’
From thousands of stocks, 5 Zacks experts have each picked their favorite to skyrocket by +100% or more in the coming months. Of these 5, Research Director Sheraz Mian selects one to have the most explosive advantage of all.
It’s a little-known chemical company that’s up 65% year-on-year, but still very cheap. With relentless demand, rising earnings estimates for 2022 and $1.5 billion for stock buybacks, retail investors could jump in at any moment.
This company could rival or surpass other recent Zacks stocks which are expected to double, such as Boston Beer Company which jumped +143.0% in just over 9 months and NVIDIA which jumped +175.9% in one. year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.