Company News for Dec 9, 2022



  • ConocoPhillips’

    COP

    shares fell 2% as global oil prices continued to go down.



  • Shares of NVIDIA Corporation

    NVDA

    jumped 6.5% as semiconductor stocks rallied.



  • Moderna, Inc.’s

    MRNA

    shares rose 3.2% after the FDA authorized its COVID-19 shots for children as young as six months old.



  • Shares of Rent the Runway, Inc.

    RENT

    skyrocketed 74.3% after it raised its 2022 revenue forecast.



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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