3 Stocks To Follow In The Upcoming Week

3 Stocks to follow in the upcoming week have been determinted. Those 3 stocks were NVIDIA, Salesforce and Best Buy stocks.

1. NVIDIA Corporation Semiconductor maker NVIDIA Corporation (NASDAQ: NVDA) will present its first quarter results after the market close on Wednesday, May 26. Analysts' expectation was that the chip maker announced a profit of $ 3.28 per share, with sales of $ 5.39 billion. NVIDIA shares have lost momentum in the past three months as the chip industry struggles to overcome supply shortcomings in the face of rising demand. The stock closed at $ 599.67 on Friday, after rising 88 percent in the past year. In this report, investors expect to see how the company accelerated its production in the face of a shortage of chips across the industry. 2. Salesforce.com Salesforce.com (NYSE: CRM), which provides cloud-based services for corporate software and customer relationship management for corporate customers, will announce its quarterly results on Thursday, May 27, after the market close. The software provider is estimated to post a profit of $ 0.88 per share, with revenue of $ 5.89 billion. Salesforce is in the process of acquiring Slack Technologies (NYSE: WORK) under a $ 27.7 billion deal announced last year to grow through acquisitions. In the last quarter, Salesforce stock lost about 9 percent, outperforming the overall market. The stock closed Friday at $ 222.58. 3. Best Buy Best Buy (NYSE: BBY), the electronics and technology chain serving across the US and Canada, will announce its first quarter results before the market opening on Thursday. The company is expected to post a profit of $ 1.36 per share, with revenue of $ 10.32 billion. The shares of Best Buy, which continues to benefit from the home electronics expenses of consumers in the ongoing working from home process, achieved a performance above the S&P 500, gaining approximately 15 percent this year. The stock closed the day at $ 114.93 on Friday.     Source: Investing.com