Company News for Nov 18, 2022

Zacks Equity Research Published on November 18, 2022

Macy's, Inc.’s (M - Free Report) shares surged 15% after reporting third-quarter fiscal 2022 earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.19 per share.
Diamondback Energy, Inc.’s (FANG - Free Report) shares fell 1.8% as global oil prices hit a six-week low.
Shares of Airbnb, Inc. (ABNB - Free Report) declined 4.9% as reports emerged it will be cracking down on party bookings and will tighten its guest verification procedures.
NVIDIA Corporation’s (NVDA - Free Report) shares fell 1.5% after reporting third-quarter fiscal 2023 earnings of $0.58 per share, widely missing the Zacks Consensus Estimate of $0.70 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.