- Shares of Science Applications International Corporation (SAIC) surged 10.4% after the company reported first-quarter fiscal 2027 earnings of $3.23 per share, beating the Zacks Consensus Estimate of $2.26 per share.
- Taylor Morrison Home Corporation’s (TMHC) shares soared 22.3% after Berkshire Hathaway agreed to buy the company for $6.8 billion.
- Shares of Micron Technology, Inc. (MU) jumped 6.6% on the broader chip tech rally.
- Microsoft Corporation’s (MSFT) shares gained 2.3% on the broader tech rally.
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 UpMicrosoft Corporation (MSFT) : Free Stock Analysis Report
Micron Technology, Inc. (MU) : Free Stock Analysis Report
Taylor Morrison Home Corporation (TMHC) : Free Stock Analysis Report
Science Applications International Corporation (SAIC) : 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.