News

• Domino's Pizza Inc.’s (DPZ) shares climbed 5.6% after the company reported first-quarter 2024 adjusted earnings per share of $3.58, surpassing the Zacks Consensus Estimate of $3.37.
• Shares of Franklin Resources Inc. (BEN) plummeted 6.4% after reporting first-quarter 2024 adjusted earnings per share of $0.56, missing the Zacks Consensus Estimate of $0.57.
• ON Semiconductor Corp.’s (ON) shares surged 4.1% after the company posted first-quarter 2024 adjusted earnings per share of $1.08, beating the Zacks Consensus Estimate by 3.85%.
• Shares of Revvity Inc. (RVTY) advanced 3.5% after posting first-quarter 2024 adjusted earnings per share of $0.98, beating the Zacks Consensus Estimate of $0.94.

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 an American AI company that’s riding low right now, but it has rounded up clients like BMW, GE, Dell Computer, and Bosch. It has prospects for not just doubling but quadrupling in the year to come. Of course, all our picks aren’t winners but this one could far surpass earlier 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.

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