- Shares of RTX Corporation RTX rose 3.3% on defense stocks enjoying an excellent session.
- Shares of American Airlines Group Inc. AAL plunged 4.9%, with airline stocks falling on the fear that fuel prices would go up with supply chain disruptions in the Middle East.
- Shares of Adobe Inc. (ADBE) fell 5.3% on worries that the company's pace of AI adoption was going slow compared to its forecasts.
- Shares of NVIDIA Corporation NVDA slid 2.1% on tech stocks losing out in the session.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners UpNVIDIA Corporation (NVDA) : Free Stock Analysis Report
American Airlines Group Inc. (AAL) : Free Stock Analysis Report
RTX Corporation (RTX) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
