- Shares of Super Micro Computer, Inc. SMCI soared 11.3% on AI positivity and almost led the gains made by the Russell 200 in the session.
- Coinbase Global, Inc.’s COIN shares soared 14.2% after the market value of Bitcoin crossed the $1 trillion mark for the first time since November 2021.
- Shares of The Kraft Heinz Company KHC slid 5.5% after reporting fourth-quarter 2023 revenues of $6.86 billion, missing the Zacks Consensus Estimate of $6.97 billion.
- PepsiCo, Inc.’s PEP shares fell 0.8% on consumer staples becoming the worst-hit sector of the day.
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 credited with a “watershed medical breakthrough” and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows.
It could rival or surpass other recent 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 UpPepsiCo, Inc. (PEP) : Free Stock Analysis Report
Super Micro Computer, Inc. (SMCI) : Free Stock Analysis Report
Kraft Heinz Company (KHC) : Free Stock Analysis Report
Coinbase Global, Inc. (COIN) : Free Stock Analysis Report
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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.
