- Shares of Intel Corporation (INTC) rose 6.8% after a regulatory filing revealed that incoming CEO Lip-Bu Tan plans to purchase $25 million worth of company shares within 30 days of his appointment.
- Robinhood (HOOD) shares rose 7.1% after launching a prediction markets hub for event-based trading.
- Science Applications International Corporation (SAIC) shares surged 7.2% after reporting fourth-quarter 2024 earnings of $2.57 per share, which beat the Zacks Consensus Estimate of $2.
- Shares of Tesla, Inc. (TSLA) fell 4.8% after Mizuho lowered its price target to $430 from $515, citing concerns over demand, margin pressures and rising competition in the EV market.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>Intel Corporation (INTC) : Free Stock Analysis Report
Tesla, Inc. (TSLA) : Free Stock Analysis Report
Science Applications International Corporation (SAIC) : Free Stock Analysis Report
Robinhood Markets, Inc. (HOOD) : 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.
