Company News For May 20, 2019

DE AMAT HPE PINS

  • Shares of Deere & Co. (DE - Free Report) plummeted 7.7%  after reporting second-quarter fiscal 2019 adjusted earnings per share of $3.52, missing the Zacks Consensus Estimate of $3.58
  • Shares of Pinterest Inc. (PINS - Free Report) plunged 13.5% after the company posted first-quarter 2019 adjusted loss per share of $0.32, wider-than the Zacks Consensus Estimate of a loss per share of $0.09
  • Applied Materials Inc.’s (AMAT - Free Report) shares increased 2.5% after the company reported second-quarter fiscal 2019 adjusted earnings per share of $0.70, beating the Zacks Consensus Estimate of $0.66
  • Shares of Cray Inc. jumped  22.5% following news that Hewlett Packard Enterprise Co. (HPE - Free Report) has decided to acquire the company for $1.3 billion

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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