Company News for Jul 1, 2022



  • Shares of Walgreens Boots Alliance, Inc.

    WBA

    plummeted 7.3% after the company reported third-quarter fiscal 2022 revenues of $32.59 billion, missing the Zacks Consensus Estimate of $32.74 billion.



  • Lindsay Corporation’s

    LNN

    shares soared 9.1% after the company reported third-quarter fiscal 2022 earnings of $2.28 per share, beating the Zacks Consensus Estimate of $1.57 per share.



  • Shares of NovaGold Resources Inc.

    NG

    tumbled 10.4% after the company reported second-quarter fiscal 2022 loss of $0.04 per share, wider than the Zacks Consensus Estimate of a loss of $0.02 per share.



  • RH’s

    RH

    shares declined 10.6% after the retailer lowered its full-year guidance.


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