Company News for Aug 27, 2019

Zacks Equity Research Published on August 27, 2019

Shares of Amgen Inc. (AMGN - Free Report) rose 3.2% after the company announced agreement to buy Otzela, a subsidiary of Celgene Corp.
Shares of Pitney Bowes Inc. (PBI - Free Report) fell 8.3% after it announced sell of its software solutions business to data company Syncsort
Shares of Beyond Meat, Inc. (BYND - Free Report) plunged 5.6% following the announcement that KFC will start testing its plant-based chicken in an Atlanta restaurant
SRC Energy Inc. and PDC Energy, Inc.’s shares rose more than 12% and 17%, respectively, following the announcement of merger in a deal worth $1.7 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.