- Shares of Elme Communities ELME jumped 1.6% on real estate becoming the biggest winning sector of the day.
- Shares of NIKE, Inc. NKE plummeted 20% after reporting fourth-quarter fiscal 2024 revenues of $12.6 billion, missing the Zacks Consensus Estimate of $12.9 billion.
- Netflix, Inc.’s NFLX fell 1.4% on consumer discretionaries missing out in the session.
- Shares of Wells Fargo & Company WFC shot up 3.4% on bank stocks reacting favorably to the PCE inflation numbers.
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 >>Wells Fargo & Company (WFC) : Free Stock Analysis Report
NIKE, Inc. (NKE) : Free Stock Analysis Report
Netflix, Inc. (NFLX) : Free Stock Analysis Report
Elme Communities (ELME) : Free Stock Analysis Report
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