Company News For Jul 29, 2019

MCD GT PSX

  • McDonald’s Corporation’s (MCD) shares rose 0.5% as company reported second quarter revenues of $5,341.3 million surpassing the Zacks Consensus Estimate of $5,335 million.
  • Twitter, Inc.’s (TWTR) shares jumped 8.9% after the company reported second quarter earnings of $0.22 per share beating the Zacks Consensus Estimate of $0.18.
  • Shares of Phillips 66 (PSX) gained 0.7% as the company reported Q2 earnings of $3.02 per share, beating the Zacks Consensus Estimate of $2.70.
  • Shares of The Goodyear Tire & Rubber Company (GT) slides 5.3% after the company reported second quarter 2019 revenues of $3.63 billion, lower than year ago quarter of $3.84 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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