Company News For Oct 5, 2017

MAT ODP PEP

  • Shares of Pepsico, Inc. (PEP - Free Report) gained 0.2% after reporting third quarter 2017 earnings per share of $1.48, surpassing the Zacks Consensus Estimate of $1.43
  • Mattel, Inc.’s (MAT - Free Report) shares surged 0.3% after the company announced Joseph Euteneuer as its new Chief Financial Officer
  • Shares of Mylan N.V. rallied 16.2% after the company announced that it had received an approval from Food and Drug Administration for the generic version of multiple sclerosis treatment drug – Copaxone, made by Teva Pharmaceutical Industries Ltd. (TEVA)
  • Office Depot, Inc.’s (ODP - Free Report) shares plummeted 17.7% after the company lowered its revenue guidance for 2017 to $400 million — $425 million from $500 million initially

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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