- Shares of First Republic Bank FRC fell a further 6%, continuing to lead the slide for the regional banking sector.
- Shares of Block, Inc. SQ plummeted 14.8% after Hindenburg Research announced its short positions in the company.
- Alphabet Inc.’s GOOGL shares rose 2.2% on tech stocks’ encouraging performance.
- Accenture plc’s ACN shares jumped 7.3% after posting second-quarter fiscal 2023 earnings of $2.69/share, beating the Zacks Consensus Estimate of $2.49.
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 >>Accenture PLC (ACN) : Free Stock Analysis Report
First Republic Bank (FRC) : Free Stock Analysis Report
Alphabet Inc. (GOOGL) : Free Stock Analysis Report
Block, Inc. (SQ) : Free Stock Analysis Report
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