Company News For Aug 15, 2019

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  • Wayfair Inc.’s (W - Free Report) shares plummeted 10.4% after the company decided to offer $750 million of new debt
  • Mylan N.V. tumbled 8.5% after two U.S. lawmakers want more proof from the compny over alleged drug pricing probe
  • Macy's Inc.’s (M - Free Report) shares plunged 13.2% after the company reported second-quarter 2019 adjusted earnings per share of $0.28, missing the Zacks Consensus Estimate of $0.45
  • Shares of CAE Inc. (CAE - Free Report) declined 5% after posting first-quarter fiscal 2019 adjusted earnings per share of $0.18, lagging the Zacks Consensus Estimate of $0.20

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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