Company News for May 13, 2020

  • Shares of Gamida Cell Ltd. surged 36.6% after the company reported positive topline data from Phase 3 clinical study of Omidubicel in patients that have high-risk hematologic malignancies.
  • Shares of NanoViricides, Inc. soared 28.3% after the nano-biopharmaceutical company developed highly effective broad-spectrum drug candidates against the novel coronavirus.
  • Shares of Chaparral Energy, Inc. rose 23.3% after the company’sQ1 earnings of $0.23 per share surpassed the Zacks Consensus Estimate of $0.11.
  • Shares of YRC Worldwide Inc. gained 14.9% after the company’s Q1 revenues of $1.15 billion surpassed the Zacks Consensus Estimate by 2.14%.

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.

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