Company News For Jan 8, 2019

PCG DLTR LLY MAT

  • Loxo Oncology Inc.’s shares jumped 66.3% after pharmaceutical behemoth Eli Lilly and Co. (LLY - Free Report) said it will acquire the company for $8 billion
  • Shares of Dollar Tree Inc. (DLTR - Free Report) soars 5.5% following news that activist investor Starboard Value LP has sought a change in its board and demands disinvestment ofunderperforming Family Dollar business
  • PG&E Corp.’s (PCG - Free Report) shares plunged 22.3% following reports that the company is considering filing for bankruptcy protectionrelated to potential liabilities from wildfires
  • Shares of Mattel Inc. (MAT - Free Report) surged 7.7% after the company unveiled a new partnership with Korean boy band BTS

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.

Free: See Our Top Stock and 4 Runners Up >>