Company News for July 22, 2022

  • Shares of Philip Morris International Inc. PM gained 4.2% after the company reported Q2 2022 earnings of $1.48 per share, beating Zacks consensus estimate of $1.24 per share .
  • AAL shares of American Airlines Group Inc. fell 7.4% after the company reported Q2 2022 earnings of $0.76 per share, missing the Zacks consensus estimate by 0.79 cents .
  • Shares of Nucor Corporation NUE jumped 9.2% after the company reported second-quarter earnings of $9.67 per share, beating Zacks consensus estimate of $8.91 per share.
  • DPZ shares of Domino’s Pizza, Inc. fell 1.3% after the company reported earnings of $2.82 per share in the second quarter of fiscal 2022, missing the Zacks consensus estimate of 2 $.88 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.

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Nucor Corporation (NUE): Free Inventory Analysis Report

Domino’s Pizza Inc (DPZ): Free Inventory Analysis Report

Philip Morris International Inc. (PM): Free Stock Analysis Report

American Airlines Group Inc. (AAL): Free Inventory Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Karen J. Nelson