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AutoZone Inc.’s
AZO
shares climbed 5.8% after the company posted third-quarter fiscal 2022 adjusted earnings per share of $29.03, surpassing the Zacks Consensus Estimate of $25.87.
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Shares of Ralph Lauren Corp.
RL
rose 0.2% after reporting fourth-quarter fiscal 2022 adjusted earnings per share of $0.49, outpacing the Zacks Consensus Estimate of $0.30.
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Shares of Zoom Video Communications Inc.
ZM
surged 5.6% after posting first-quarter fiscal 2023 adjusted earnings per share of $1.03, beating the Zacks Consensus Estimate of $0.88.
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Abercrombie & Fitch Co.’s
ANF
shares plunged 28.6% after the company reported first-quarter fiscal 2022 adjusted loss per share of $0.27 in contrast o the Zacks Consensus Estimate of an earnings per share of $0.08.
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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