Company News for Mar 22, 2021

AAPL V FDX OLLI

  • Shares of FedEx Corp. (FDX - Free Report) rallied 6.1% after the company reported fiscal third-quarter 2021 adjusted earnings per share of $3.47, beating the Zacks Consensus Estimate of $3.21.
  • Ollie's Bargain Outlet Holdings, Inc.’s (OLLI - Free Report) shares gained 4.2% after the company delivered fourth-quarter 2020 adjusted earnings per share of $0.97, surpassing the Zacks Consensus Estimate of $0.85.
  • Visa Inc.’s (V - Free Report) shares fell 6.2% following a report that the U.S. Justice Department has opened an investigation for possible anticompetitive practices.
  • Share of Facebook, Inc. rose 4.1% after CEO Mark Zuckerberg stated that Apple Inc.’s (AAPL - Free Report) impending privacy policy changes on advertisement sales would provide Facebook a stronger position.

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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