Company News for Aug 3, 2022

NOC CNA PINS UBER

  • Shares of Northrop Grumman Corporation (NOC - Free Report) rose 1.1% as defense stocks did well amid Sino-U.S. tensions.
  • Pinterest, Inc.’s (PINS - Free Report) shares jumped 11.6% after it was announced that activist investor Elliott Investment Management has become its largest shareholder.
  • Shares of Uber Technologies, Inc. (UBER - Free Report) surged 18.9% after it reported second-quarter 2022 revenues of $8.1 billion, surpassing the Zacks Consensus Estimate of $7.4 billion.
  • CNA Financial Corporation’s (CNA - Free Report) shares fell 3% after it reported second-quarter 2022 earnings of $0.90 per share, missing the Zacks Consensus Estimate of $0.99 per share.

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 >>