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Company News for Nov 26, 2021

  • Deere & Co.’s DE shares climbed 5.3% after the company reported fourth-quarter fiscal 2021 adjusted earnings per share of $4.12, surpassing the Zacks Consensus Estimate of $3.82.   
  • Nordstrom Inc.’s JWN shares plummeted 29% after the company posted third-quarter fiscal 2021 adjusted earnings per share of $0.39, missing the Zacks Consensus Estimate of $0.56.
  • Shares of The Gap Inc. GPS plunged 24.1% after reporting third-quarter fiscal 2021 adjusted earnings per share of $0.27, lagging the Zacks Consensus Estimate of $0.49.
  • Shares of Dell Technologies Inc. DELL surged 4.8% after posting third-quarter fiscal 2022 adjusted earnings per share of $2.37, beating the Zacks Consensus Estimate of $2.33.

Bitcoin, Like the Internet Itself, Could Change Everything

Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.

Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. 

See 3 crypto-related stocks now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Dell Technologies Inc. (DELL): Free Stock Analysis Report
 
Deere & Company (DE): Free Stock Analysis Report
 
Nordstrom, Inc. (JWN): Free Stock Analysis Report
 
The Gap, Inc. (GPS): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
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