3 Stocks To Be Followed Next Week

3 stocks to be followed next week have been determined. Those 3 stocks were Micron, Constellation Brands and Walgreens.

While investors are looking for opportunities for the second half of the year, we discussed three big companies that are preparing to publish their last quarter results next week and that we will follow closely. 1. Micron Technology Semiconductor manufacturer Micron Technology (NASDAQ:MU) will report its quarterly results on Wednesday, June 30, after the market close. The storage chip maker is expected to post earnings of $1.71 per stock in the third quarter of fiscal 2021, with revenues of $7.2 billion. CEO Sanjay Mehrotra told Bloomberg in March that demand for memory chips will remain strong and supply will remain tight in the coming year. Cars, servers and other devices have stronger memories than in the past, and both companies and consumers are spending heavily on everything from smartphones to network systems, according to Mehrotra. Micron shares, which gained 9 percent this year, closed Friday at $ 82.03. 2. Constellation Brands US-based Constellation Brands (NYSE:STZ), the maker of Corona beer, will announce its 2022 first-quarter results on Wednesday, ahead of the market opening. Analysts were expecting $2.35 per share, with sales of $2 billion. Executives told investors in April that they expect growth of between 2 percent and 4 percent in fiscal 2022, aided by an aggressive marketing initiative and the company's ability to raise prices faster than inflation. STZ shares, which gained about 4 percent this year, finished Friday at $228.60.

3. Walgreens Boots Alliance

Walgreens Boots Alliance (NASDAQ:WBA), the second largest pharmacy operator in the US, will report its fiscal 2021 third-quarter results on Thursday, July 1, ahead of market opening. Analysts forecast the company's earnings per share of $1.15, with revenue of $33.49 billion. Walgreens had been struggling to increase sales before the pandemic and turned to cost-cutting measures as its market share came under pressure from competition from other competitors such as Amazon (NASDAQ:AMZN). Walgreens shares, which have gained 30 percent this year, closed Friday at $ 52.16.         Source: Investing.com