Company News for Jul 18, 2019

ABT TXT ERIC USB

  • Shares of Abbott Laboratories (ABT - Free Report) climbed 3.1% after the company reported second-quarter 2019 adjusted earnings per share of $0.82, beating the Zacks Consensus Estimate of $0.80
  • LM Ericsson (ERIC - Free Report) shares plunged 11% after posting second-quarter 2019 adjusted earnings per share of $0.06, missing the Zacks Consensus Estimate by a penny
  • U.S. Bancorp’s (USB - Free Report) shares gained 2.2% after the company posted second-quarter 2019 adjusted earnings per share of $1.09, surpassing the Zacks Consensus Estimate of $1.07
  • Shares of Textron Inc. (TXT - Free Report) plummeted 9.5% after the company posted second-quarter 2019 revenues of $3,227 million, lagging the Zacks Consensus Estimate of $3,359 million

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 >>