Company News for Feb 5, 2020

SPG RCL MCK RL

  • Royal Caribbean Cruises Ltd.’s (RCL - Free Report) shares gained 1.3% after reporting fourth-quarter 2019 adjusted earnings per share of $1.42, beating the Zacks Consensus Estimate by a penny.
  • Ralph Lauren Corp. (RL - Free Report) jumped 9.2% after the company reported third quarter of fiscal 2020 adjusted earnings per share of $2.86, surpassing the Zacks Consensus Estimate of $2.45.
  • Shares of Simon Property Group Inc. (SPG - Free Report) surged 3.4% after posting fourth-quarter 2019 revenues of $1.49 billion, outpacing the Zacks Consensus Estimate of $1.47 billion.
  • McKesson Corp. (MCK - Free Report) soared 3.7% after the company posted third quarter of fiscal 2020 adjusted earnings per share of $3.81, above the Zacks Consensus Estimate of $3.54.

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.

Free: See Our Top Stock and 4 Runners Up >>