Company News For Feb 8, 2019

CMG CAH HBI SPB

  • Chipotle Mexican Grill Inc. (CMG - Free Report) shares surged 11.4% after reporting fourth quarter 2018 adjusted earnings per share of $1.72, surpassing the Zacks Consensus Estimate of $1.39
  • Shares of Spectrum Brands Holdings Inc. (SPB - Free Report) plunged 17.7% after posting first quarter fiscal 2019 adjusted loss per share of $0.20, lagging the Zacks Consensus Estimate of an adjusted earnings per share of $0.40
  • Hanesbrands Inc. (HBI - Free Report) shares jumped 20.2% after the company posted fourth quarter 2018 adjusted earnings per share of $0.48, outpacing the Zacks Consensus Estimate by one cent
  • Shares of Cardinal Health Inc. (CAH - Free Report) soared 6.8% after the company reported second quarter fiscal 2019 adjusted loss per share of $1.29, beating the Zacks Consensus Estimate of $1.09

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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