Company News for July 26, 2022

  • Shares of Newmont Corporation NEM fell 13.2% after reporting adjusted earnings of $0.46 per share in the second quarter of 2022, missing Zacks’ consensus estimate of $0.60 per share.
  • VLO shares of Valero Energy Corporation rose 5.1% on higher oil prices.
  • Shares of Community Bank System, Inc. CBU rose 1% after reporting second-quarter 2022 revenue of $167.2 million, beating Zacks’ consensus estimate of $162.3 million.
  • META shares of Meta Platforms, Inc. fell 1.6% on concerns about declining digital ad spending in the industry.

This Little-Known Semiconductor Stock Could Bring Big Gains to Your Portfolio

The importance of semiconductors cannot be overstated. Your smartphone couldn’t work without it. Your personal computer would crash in minutes. Digital cameras, washing machines, refrigerators, ovens. You wouldn’t be able to use any of them without semiconductors.

Supply chain disruptions have given semiconductors enormous pricing power. This is why they present a tremendous opportunity for investors.

And today, in a new free report, Zacks’ top stock market strategist reveals the single semiconductor stock with the most to gain. It’s yours for free and without obligation.

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Valero Energy Corporation (VLO): Free Stock Analysis Report

Newmont Corporation (NEM): Free Stock Analysis Report

Community Bank System, Inc. (CBU): Free Stock Analysis Report

Meta Platforms, Inc. (META): Free Stock 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