Company News for Nov 23, 2022

Zacks Equity Research Published on November 23, 2022

Shares of DICK'S Sporting Goods, Inc. (DKS - Free Report) surged 10.1% after the company reported third-quarter fiscal 2022 earnings of $2.60 per share, beating the Zacks Consensus Estimate of $2.24 per share.
Analog Devices, Inc.’s (ADI - Free Report) shares jumped 5.8% after the company reported fourth-quarter fiscal 2022 adjusted earnings of $2.73 per share, surpassing the Zacks Consensus Estimate of $2.58 per share.
Shares of Jack in the Box Inc. (JACK - Free Report) plummeted 16.1% after the company reported fourth-quarter fiscal 2022 earnings of $1.33 per share, missing the Zacks Consensus Estimate of $1.35 per share.
Warner Music Group Corp.’s (WMG - Free Report) shares soared 15.2% after the company reported fourth-quarter fiscal 2022 earnings of $0.28 per share, outpacing the Zacks Consensus Estimate of $0.13 per share.

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.