Company News for Dec 5, 2022



  • Cracker Barrel Old Country Store, Inc.’s

    CBRL

    shares plunged 12.9% after reporting first-quarter fiscal 2023 earnings of $0.99 per share, widely missing the Zacks Consensus Estimate of $1.27 per share.



  • Smartsheet Inc.’s

    SMAR

    shares soared 16.6% after reporting a third-quarter 2022 loss of $0.01 per share, much narrower than the Zacks Consensus Estimate loss of $0.14 per share.



  • Shares of Zscaler, Inc.

    ZS

    plummeted 10.7% after the cybersecurity giant said longer sales cycles and other headwinds contributed to its conservative guidance.



  • Ford Motor Company’s

    F

    shares fell 1.6% on lower vehicle sales in November.


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 >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.

Click to get this free report


To read this article on Zacks.com click here.


Zacks Investment Research