Company News for Oct 24, 2023

  • Shares of CBRE Group, Inc. CBRE fell 1% as real estate became one of the worst-performing sectors of the day.
  • Shares of Chevron Corporation CVX slid 3.7% on news that it was going to acquire Hess Corporation HES in a $53 billion stock buyout deal.
  • Shares of Bank of Hawaii Corporation BOH jumped 4.6% after the company reported third-quarter 2023 earnings of $1.17 per share, beating the Zacks Consensus Estimate of 96 cents.
  • Shares of cybersecurity firm Okta, Inc. OKTA plunged 8.1%, dipping for the second session in a row following a data breach.

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 credited with a “watershed medical breakthrough” and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows.

It could rival or surpass other recent 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

Chevron Corporation (CVX) : Free Stock Analysis Report

Hess Corporation (HES) : Free Stock Analysis Report

Bank of Hawaii Corporation (BOH) : Free Stock Analysis Report

Okta, Inc. (OKTA) : Free Stock Analysis Report

CBRE Group, Inc. (CBRE) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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