Company News For Apr 12, 2019

Zacks Equity Research Published on April 12, 2019

Tesla, Inc.’s (TSLA - Free Report) shares declined 2.8% following news that the company along with Panasonic is delaying plans to expand Nevada Gigafactory owing to concerns about the demand for its electric vehicles
Shares of Bed Bath & Beyond Inc. plunged 8.8% after posting fourth-quarter fiscal 2018 revenues $3,307.9 million, missing the Zacks Consensus Estimate of $3,333 million
Caesars Entertainment Corp.’s (CZR - Free Report) shares soared 3.9% following news that the company plans to sell itself as demanded by activist investor Carl Icahn
Shares of Fastenal Co. (FAST - Free Report) ) surged 5.1% after reporting first quarter 2019 adjusted earnings per share of $0.68, beating the Zacks Consensus Estimate of $0.67

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.