Company News for Dec 2, 2019

CVX X

  • Tech Data Corp. shares jumped 12.3% after management agreed to be acquired by private-equity group Apollo Global Management.
  • United States Steel Corp. (X - Free Report) plummeted 5.8% after the company closed its The Gary, Indiana mill due to a water pipe breaking.
  • Shares of Chevron Corp. (CVX - Free Report) dropped 0.8% following news that the company has decided to saletwo Nigerian offshore oil and gas blocks.
  • Facebook, Inc. shares decreased 0.2% following holiday outage that lasted for several hours.

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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