Company News For Dec 19, 2018

BA NVS DRI TLRY

  • CBS Corp. shares declined 1.3% after the company announced that its former CEO Les Moonves refused to accept $120 million severance package offered by the company’s board of directors
  • Shares of The Boeing Co. (BA - Free Report) soared 3.8% after the company raised dividend rate by 20% and increased share repurchase program from $18 billion to $20 billion
  • Darden Restaurants Inc.’s (DRI - Free Report) shares surged 5% after the company raised its fiscal 2019 outlook for diluted earnings per share from $5.52-$5.65 to $5.60-$5.70
  • Shares of Tilray Inc. (TLRY - Free Report) jumped 16.1% after the company entered into a supply and distribution agreement with Novartis AG (NVS - Free Report) for medical marijuana

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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