Company News for Oct 20, 2022

Zacks Equity Research Published on October 20, 2022

Shares of The Travelers Companies, Inc. (TRV - Free Report) jumped 4.4% after the company reported third-quarter 2022 earnings of $2.20 per share, surpassing the Zacks Consensus Estimate of $1.77 per share.
Ally Financial Inc.’s (ALLY - Free Report) shares plummeted 7.9% after the company reported third-quarter 2022 earnings of $1.12 per share, missing the Zacks Consensus Estimate of $1.73 per share.
Shares of Badger Meter, Inc. (BMI - Free Report) gained 3.5% after the company reported third-quarter 2022 earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.60 per share.
Elevance Health Inc.’s (ELV - Free Report) shares advanced 2% after the company reported third-quarter 2022 earnings of $7.53 per share, outpacing the Zacks Consensus Estimate of $7.10 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 an American AI company that’s riding low right now, but it has rounded up clients like BMW, GE, Dell Computer, and Bosch. It has prospects for not just doubling but quadrupling in the year to come. Of course, all our picks aren’t winners but this one could far surpass earlier 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.