Shares of package delivery service UPS (UPS - Free Report) soared on Thursday, closing up 14.3% to $141.39 and reaching a new 52-week high.
UPS beat Wall Street estimates for earnings and revenue and saw a big boom in home deliveries because of the coronavirus pandemic.
Demand for domestic residential delivery spiked 65.2% in Q2; average daily volumes jumped 22.8% in the U.S. and reached 21.1 million packages per day.
UPS is now up over 20% year-to-date.
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Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
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.
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Shares of package delivery service UPS (UPS - Free Report) soared on Thursday, closing up 14.3% to $141.39 and reaching a new 52-week high.
UPS beat Wall Street estimates for earnings and revenue and saw a big boom in home deliveries because of the coronavirus pandemic.
Demand for domestic residential delivery spiked 65.2% in Q2; average daily volumes jumped 22.8% in the U.S. and reached 21.1 million packages per day.
UPS is now up over 20% year-to-date.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
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 >>
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