Company News for Jul 15, 2020

FAST WIT MRNA

  • Shares of Wipro Limited (WIT - Free Report) jumped nearly 3% after the company reported first-quarter 2021 earnings of 6 cents per share, beating the Zacks Consensus Estimate of 5 cents.
  • Shares of Fastenal Company (FAST - Free Report) rose 0.1% after the company reported second-quarter 2020 earnings of 42 cents per share surpassing the Zacks Consensus Estimate of 36 cents.
  • Shares of First Republic Bank rose 1.8% after the company reported second-quarter 2020 earnings of $1.40 per share surpassing the Zacks Consensus Estimate of $1.20.
  • Shares of Moderna, Inc. (MRNA - Free Report) soared 4.5% after the company announced plans to start a late-stage clinical trial for its COVID-19 vaccine candidate on or around July 27.

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>