Company News for Jan 6, 2021

QCOM CVX CHL CHA FUBO

  • Shares of China Telecom Corporation Limited (CHA - Free Report) and China Mobile Limited (CHL - Free Report) jumped 8.8% and 9.3% after the New York Stock Exchange said it does not plan to delist the stocks from their exchange anymore.
  • Qualcomm Incorporation’s (QCOM - Free Report) shares gained 2.7% after the company said that its chief executive Steve Mollenkopf will be stepping down after being at the helm for more than 25 years and would be replaced by Cristiano Amon, the company’s current president.
  • Shares of Chevron Corporation (CVX - Free Report) gained 2.7% after the U.S. oil benchmark surpassed the $50 mark for the first time since February.
  • fuboTV Inc.’s (FUBO - Free Report) shares surged 12.8% after it reported strong preliminary sales and subscriber results for fourth-quarter 2020.

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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