Company News for October 14, 2022
- Shares of BlackRock, Inc. BLK jumped 6.6% after posting earnings of $9.55 per share in the third quarter of fiscal 2022, beating Zacks consensus estimate of $7.70 per share. stock.
- Shares of The Goldman Sachs Group, Inc. GS jumped 4% as bank stocks rallied.
- TSM shares of Taiwan Semiconductor Manufacturing Company Limited rose 3.9% after posting earnings of $1.79 per share in the third quarter of fiscal 2022, beating the Zacks consensus estimate of $1.69 per share.
- Shares of Apple Inc. AAPL rose 3.4% on the broader tech rally.
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 step in at any time.
This company could rival or surpass other recent Zacks stocks which are expected to double like 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.