Company News for Jan 24, 2023

CRM TSLA BKR NWBI

  • Shares of Baker Hughes Company (BKR - Free Report) declined 1.5% after the company reported fourth-quarter 2022 earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.41 per share.
  • Northwest Bancshares, Inc.’s (NWBI - Free Report) shares declined 1.8% after the company reported fourth-quarter 2022 earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.32 per share.
  • Shares of Tesla, Inc. (TSLA - Free Report) jumped 7.7% on hopes that the reopening in China will help in boosting their business after the COVID-induced lockdown.
  • Salesforce, Inc.’s (CRM - Free Report) shares rose 3.1% on reports that activist investor Elliott Management has secured a multibillion-dollar stake in the company.

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.

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