3 Stocks To Follow In The Upcoming Week
3 Stocks to follow in the upcoming week have been determinted. Those 3 stocks are JPMorgan, Delta Air and Walgreens Boots stocks.
This season is expected to bring another strong quarter as the economy reopens and consumers start to spend again in regions where demand has been weak due to the epidemic restrictions.
1. JPMorgan Chase
Global bank
JPMorgan Chase (NYSE:JPM) will report its third-quarter results ahead of the market opening on Tuesday, October 13. Analysts predict that the bank, one of the most powerful names on Wall Street, will announce a profit of $ 3.01 per share with sales of $ 29.8 billion.
The international investment bank has profited from strong market activity since the outbreak began, and this trend is likely to continue. JPMorgan told investors last month that it expects market operations and investment banking results in the third quarter to be better than its previous forecasts.
After rallying strongly so far this year, JPM stock closed Friday at $170.22. Shares rose 34% in 2021, well above the S&P 500's 17% performance for the same period.
2. Delta Air Lines
Delta Air Lines (NYSE:DAL) will also announce its third-quarter results ahead of market opening on Tuesday, October 13. Analysts' average expectation was for the company to post $0.17 per share on revenue of $8.4 billion.
Delta shares, which rose just 8% this year due to concerns that novel coronavirus variants will put some travel segments under pressure, finished Friday at $43.38.
3. Walgreen Boots
Walgreens Boots Alliance (NASDAQ:WBA), the second-largest pharmaceutical operator in the US, will report its fiscal 2021 fourth-quarter results ahead of market opening on Thursday, October 14. Analysts are expecting earnings of $1.02 per share with sales of $33.03 billion.
The company, which gave millions of doses of vaccine to US citizens, benefited from the epidemic because those who came to get vaccinated often spent on other products offered by the company.
Shares of Walgreens, which lost more than 7% in the past month, closed Friday at $47.38.
Source: Investing.com