3 Stocks To Follow In The Upcoming Week

3 Stocks to follow in the upcoming week have been determinted. Those 3 stocks are Zoom Video, Broadcom and DocuSign stocks.

After the Jackson Hole meeting, the uptrend in the stock market resumed, as investors began to withdraw some of the monetary stimulus provided by the Fed, while a perception that it was not in a hurry to raise interest rates. Along with the renewed optimistic economic outlook, the 3 stocks that will be important to watch next week were as follows. 1. Zoom Video Zoom Video Communications (NASDAQ:ZM) will announce its fiscal 2022 second-quarter results on Monday, August 30, after market close. Analysts expected earnings per share of 1.16, with sales of $991.21 million. Shares of the San Jose, California-based company have stalled this year after gaining nearly 400% last year. Stocks, which closed Friday at $340.81, did not change significantly this year. 2. Broadcom The last major chip maker to publish quarterly results in the current period is Broadcom (NASDAQ:AVGO). The company will announce its fiscal 2021 third quarter results on Thursday, September 2, after the market close. Analysts expected the company to post a profit of $6.88 per share, with sales of $6.76 billion. The company had a high forecast for quarterly sales in June, driven by demand for chips used in data centers and equipment needed to improve home internet speeds. Broadcom shares, which closed Friday at $495.94, have gained about 11% this year and 44% in the last 12 months. 3. DocuSign E-signature company DocuSign (NASDAQ:DOCU) will release its quarterly results on Thursday after market close. Analysts expected earnings of $0.40 per share with sales of $488.71 million. The San Francisco-based software company has experienced explosive growth in demand for its digital services, as telecommuting and social distancing measures push companies to sign digital signatures and manage contracts electronically. According to Dan Springer, the company's CEO, DocuSign is still in its early growth phase and Springer envisions a $50 billion accessible market. DocuSign shares closed Friday at $300.76 after rising 35% this year.   Source: Investing.com