Company News for Oct 24, 2023

CVX HES BOH OKTA CBRE

  • Shares of CBRE Group, Inc. (CBRE - Free Report) fell 1% as real estate became one of the worst-performing sectors of the day.
  • Shares of Chevron Corporation (CVX - Free Report) slid 3.7% on news that it was going to acquire Hess Corporation (HES - Free Report) in a $53 billion stock buyout deal.
  • Shares of Bank of Hawaii Corporation (BOH - Free Report) jumped 4.6% after the company reported third-quarter 2023 earnings of $1.17 per share, beating the Zacks Consensus Estimate of 96 cents.
  • Shares of cybersecurity firm Okta, Inc. (OKTA - Free Report) plunged 8.1%, dipping for the second session in a row following a data breach.

Research Chief 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.

This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.

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