Company news from May 20, 2022

  • Shares of Canada Goose Holdings Inc. GOOS soared 9.9% after the company reported earnings of $0.03 per share in the fourth quarter of fiscal 2022, beating Zacks’ consensus estimate of 0 $.02 per share.
  • VIPS shares of Vipshop Holdings Limited gained 2.2% after the company reported earnings of $0.33 per share in the first quarter of fiscal 2022, beating Zacks consensus estimate of $0.30 per share.
  • Shares of Sociedad Química y Minera de Chile SA SQM rose 5.6% after the company reported earnings of $2.79 per share in the first quarter of fiscal 2022, beating Zacks consensus estimate of $1.23 per share.
  • BJ’s Wholesale Club Holdings, Inc. shares jumped 7.4% after the company reported earnings of $0.87 per share in the first quarter of fiscal 2022, beating Zacks consensus estimate of $0.73 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 like Boston Beer Company which jumped +143.0% in just over 9 months and NVIDIA which jumped +175.9% in one year .

Free: See our best stock and our 4 finalists >>

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BJ’s Wholesale Club Holdings, Inc. (BJ): Free Stock Analysis Report

Sociedad Quimica y Minera SA (SQM): Free Stock Analysis Report

Vipshop Holdings Limited (VIPS): Free Stock Analysis Report

Canada Goose Holdings Inc. (GOOS): 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