Company News for Apr 7, 2020

Zacks Equity Research Published on April 07, 2020

JPMorgan Chase & Co.'s (JPM - Free Report) shares climbed 6.4% after CEO Jamie Dimon said that the bank has strong capital base and solid financial condition to cope with even the most adverse scenario.
Shares of Carnival Corp. & Plc (CCL - Free Report) jumped 20.3% following the news that the Saudi Arabia-based The Public Investment Fund had acquired 8.2% stake in the company.
Wayfair Inc.'s (W - Free Report) shares rallied 41.2% after the company announced that its online retailing business more than doubled thanks to the coronavirus outbreak.
Shares of Capri Holdings Ltd. (CPRI - Free Report) soared 25.9% after the company announced that it expects to open all its stores in North America around Jun 1.

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.

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