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Shares of Dollar General Corp.
DG
tumbled 7.6% after the company posted third-quarter fiscal 2022 adjusted earnings per share of $2.33, missing the Zacks Consensus Estimate of $2.55.
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Shares of Costco Wholesale Corp.
COST
tanked 5.6% after the company reported that its sales in November rose 5.7%, well below a 7.7% rise in October.
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Five Below Inc.’s
FIVE
shares climbed 16.6% after reporting third-quarter fiscal 2022 adjusted earnings per share of $0.29, surpassing the Zacks Consensus Estimate of $0.14.
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Synopsys Inc.’s
SNPS
shares surged 5.4% after posting fourth-quarter fiscal 2022 adjusted earnings per share of $1.91, beating the Zacks Consensus Estimate of $1.84.
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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