Company News for Jul 15, 2021

WFC AAPL MSFT CMP

  • Shares of Wells Fargo & Co. (WFC - Free Report) advanced nearly 4% after the company delivered second-quarter 2021 adjusted earnings per share of $1.38, beating the Zacks Consensus Estimate of $0.95.
  • Apple Inc.’s (AAPL - Free Report) shares rose 2.4% following news report that the company is asking its suppliers to increase production of its next-generation iPhones this year by about 20% and build around 90 million units.
  • Microsoft Corp.’s (MSFT - Free Report) shares gained 0.5% after the company said that it is going to offer its Windows operating system as a cloud-based service via Windows 365.
  • Compass Minerals International, Inc.’s (CMP - Free Report) shares popped 13.2% after the company said that it has identified a lithium brine resource of around 2.4 million metric tons lithium carbonate equivalent.

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 >>