Company News for Apr 17, 2020

BK TSM VNDA LOVE

  • Shares of Taiwan Semiconductor Manufacturing Company Limited (TSM - Free Report) rose 5.5% after the company reported first-quarter earnings of 75 cents per share, surpassing the Zacks Consensus Estimate of 66 cents.
  • Shares of The Bank of New York Mellon Corporation (BK - Free Report) rose 4.4% after the company reported first-quarter 2020 earnings per share of $1.05 that surpassed the Zacks Consensus Estimate of 90 cents.
  • Shares of The Lovesac Company (LOVE - Free Report) jumped 27.3% after the company reported fourth quarter of fiscal 2020 of $0.37 per share, beating the Zacks Consensus Estimate of $0.31.
  • Shares of Vanda Pharmaceuticals Inc. (VNDA - Free Report) rose 6.9% after the company announced the enrollment of the first patient in the company's ODYSSEY 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.

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