Company News for Jan 15, 2021

TSM AVAV IDEX DTSS

  • Shares of Taiwan Semiconductor Manufacturing Company Limited (TSM - Free Report) rose 6.1% after the company reported fourth-quarter 2020 earnings of 97 cents per share, beating the Zacks Consensus Estimate of 92 cents.
  • Datasea Inc.’s (DTSS - Free Report) shares jumped 49.2% after the company reported establishment of a new company to focus on 5G opportunities.
  • Shares of AeroVironment, Inc. (AVAV - Free Report) surged 30.3% after the company announced it will acquire Arcturus UAV for $405 million.
  • Ideanomics, Inc.’s (IDEX - Free Report) shares jumped 21.8% after the company reported sponsorship in non-profit, North American Council for freight efficiency.

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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