Company News For Dec 10, 2018

MO BIG ULTA LULU CRON

  • Big Lots Inc. (BIG - Free Report) shares plunged 23.1% after the company reported third quarter 2018 adjusted loss per share of $0.16, wider-than the Zacks Consensus Estimate of a loss of a cent
  • Shares of Ulta Beauty Inc. (ULTA - Free Report) plummeted 13.1% after the company said fourth quarter fiscal 2018 Comps including e-commerce sales will grow 7%-8% compared with an increase of 8.8% in the prior year quarter
  • Cronos Group Inc. (CRON - Free Report) shares jumped 21.7% following the news that Altria Group Inc. (MO - Free Report) will acquire 45% of the company for $1.8 billion
  • Shares of Lululemon Athletica Inc. (LULU - Free Report) soared 13.4% after reporting third-quarter fiscal 2018 adjusted earnings per share of $0.75, outpacing the Zacks Consensus Estimate of $0.69

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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