Company News For May 24, 2018

AAPL TGT INTU TSM

  • Target Corporation’s (TGT - Free Report) shares declined 5.7% after reporting fiscal first-quarter 2018 earnings of $1.32 per share, missing the Zacks Consensus Estimate of $1.38 per share
  • Shares of Tiffany & Co. jumped 23.3% after reporting fiscal first-quarter 2018 earnings $1.14 per share, beating the Zacks Consensus Estimate of $0.84 per share
  • Intuit Inc.’s (INTU - Free Report) shares surged 3% after reporting third-quarter fiscal 2018 non-GAAP earnings of $4.82 per share, surpassing the Zacks Consensus Estimate of $4.67
  • Shares of Taiwan Semiconductor Manufacturing Company Limited (TSM - Free Report) increased 0.03% on news of the company starting mass production of next-generation chips for Apple’s (AAPL - Free Report) iPhone 

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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