-
Alphabet Inc.’s
GOOGL
shares fell 2.5% on the broader tech slump.
-
Shares of Morgan Stanley
MS
slid 2.6%, with reports emerging that it was planning to cut 2% of its workforce.
-
Shares of Exelon Corporation
EXC
rose 2.7% with the utilities sector bucking the trend.
-
Shares of ConocoPhillips
COP
fell 3.2% as oil prices continued to fall.
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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