Company News for Dec 3, 2019

Zacks Equity Research Published on December 03, 2019

Intel Corp.’s (INTC - Free Report) shares dropped 0.7% after the company declared that it has completed the disinvestment of majority of its smartphone modem division to Apple Inc. (AAPL - Free Report) .
Hostess Brands Inc. climbed 2.3% after the company decided to acquire Voortman Cookies for $320 million in cash.
Shares of Apache Corp. (APA - Free Report) plunged 12.3% after the company failed to inform when its newoffshore well, Maka Central #1, will be profitable.
Afya Ltd. (AFYA - Free Report) shares surged 6.8% after posting third quarter fiscal 2019 adjusted earnings per share of $0.20, beating the Zacks Consensus Estimate of $0.13.

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.