Company News for April 6, 2022
- ZBH shares of Zimmer Biomet Holdings, Inc. jumped 3.3% following the announcement of a major multi-year supply deal with British medical device company Biocomposites Ltd.
- Shares of Carnival Corporation & plc CCL gained 2.4% after reporting its busiest booking week in history.
- Shares of UnitedHealth Group Incorporated UNH rose 1.5% after pushing back its April 2022 merger deadline with Change Healthcare Inc. CHNG until the end of the year.
- BA shares of the Boeing Company plunged 4.5% after a report that factory production problems affected one of the planemaker’s new Air Force One planes.
Zacks names ‘only one best choice for doubling up’
From thousands of stocks, 5 Zacks experts have each picked their favorite to skyrocket by +100% or more in the coming months. Of these 5, Research Director Sheraz Mian selects one to have the most explosive advantage of all.
It’s a little-known chemical company that’s up 65% year-on-year, but still very cheap. With relentless demand, rising earnings estimates for 2022 and $1.5 billion for stock buybacks, retail investors could step in at any time.
This company could rival or surpass other recent Zacks stocks that are expected to double, such as Boston Beer Company which jumped +143.0% in just over 9 months and NVIDIA which jumped +175.9% in one. year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.