Company News For Oct 4, 2019

PEP STZ CGC

  • Shares of Constellation Brands, Inc. (STZ - Free Report)   dropped 6.1% after the company took an $839 million markdown in the value of its investment in Canopy Growth Corporation (CGC - Free Report)
  • Bed Bath & Beyond Inc.’s shares rose 2.7% after the company reported better-than-expected second-quarter fiscal 2019 earnings of 34 cents per share beating the Zacks Consensus Estimate of 26 cents
  • Shares of PepsiCo, Inc. (PEP - Free Report) rose nearly 3% as the company reported better-than-expected third-quarter earnings of $1.56 per share surpassing the Zacks Consensus Estimate of $1.50
  • Catalyst Biosciences, Inc.’s shares rose 24.6% after the company reported an update on DalcA Phase 2b trial

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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