Company News for Dec 22, 2023
- Triumph Group, Inc. (TGI) shares surged by 32.9% after the company disclosed its intention to sell its product support business to AAR Corp. (AIR) for $725 million.
- Carnival Corporation & plc (CCL) shares gained 6.2% after the company reported fourth-quarter 2023 revenues of $5.4 billion, beating the consensus estimate by $5.32 billion.
- Shares of Cintas Corporation (CTAS) advanced 6.6% after the company reported second-quarter earnings of $3.61 per share, outpacing the Zacks Consensus Estimate of $3.48 per share.
- Apogee Enterprises, Inc. (APOG) shares rose 3.1% after the company reported third-quarter earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.05 per share.
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 >>Carnival Corporation (CCL) : Free Stock Analysis Report
Triumph Group, Inc. (TGI) : Free Stock Analysis Report
Cintas Corporation (CTAS) : Free Stock Analysis Report
Apogee Enterprises, Inc. (APOG) : Free Stock Analysis Report
