Company News For June 1, 2018

DG DLTR GM MDGL

  • General Motors Co.’s (GM - Free Report) shares jumped 12.9% after the company stated thatthe SoftBank Vision Fund plans to invest $2.25 billion in its self-driving unit
  • Dollar General Corp. (DG - Free Report) plummeted 9.4% after reporting fiscal first-quarter 2018 earnings per share of $1.36, lagging the Zacks Consensus Estimate of $1.40
  • Dollar Tree Inc.’s (DLTR - Free Report) shares plunged 14.3% after posting fiscal first quarter 2018 earnings of $1.19 per share, missing the Zacks Consensus Estimate of $1.23
  • Shares of Madrigal Pharmaceuticals Inc. (MDGL - Free Report) surged 145% after the company reported an encouraging Phase 2 clinical trial update forits liver-directed, thyroid hormone receptor called MGL-3196

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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