Company News for May 5, 2020

Zacks Equity Research Published on May 05, 2020

Shares of Starwood Property Trust, Inc. (STWD - Free Report) rose 3.3% after the company reported first quarter earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.48
Shares of WEC Energy Group, Inc. (WEC - Free Report) rose 0.6% after the company reported first quarter earnings of $1.43 per share, surpassing the Zacks Consensus Estimate of $1.32.
Shares of Westlake Chemical Corporation (WLK - Free Report) rose 2.9% after the company reported first quarter earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.57.
Shares of Ferrari N.V. (RACE - Free Report) jumped 6.4% after the company reported first quarter earnings of $0.99 per share, surpassing the Zacks Consensus Estimate of $0.90.

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.