3 Stocks To Follow In The Upcoming Week

3 Stocks to follow in the upcoming week have been determinted. Those 3 stocks are GameStop, Costco Wholesale and Broadcom stocks.

  1. GameStop GameStop (NYSE:GME), the favorite name of the retail investor community on Reddit, will announce its third-quarter results after the market close on Wednesday, December 8th. Analysts' average expectations were $0.52 per share, with revenue of $1.2 billion. GameStop shares, which fell 14% last week as investors turned away from risky assets, closed Friday at $172.39. In this context, it is important that GameStop's quarterly performance can demonstrate, especially to the company's individual investor base, that the new management has reduced losses and put the chain on a sustainable growth path. 2. Costco Wholesale Costco Wholesale (NASDAQ:COST), one of the largest US retailers, will announce its fiscal 2022 first-quarter results on Thursday, December 9, after the market close. Analysts expected earnings of $2.62 per share with revenue of $54 billion. The latest figures to be released will likely show that sales remain strong amid continued high economic activity after the economy reopens. Costco announced last week that its sales in November reached $18.13 billion, up nearly 16%. Costco shares, which have risen around 40% this year, closed Friday at $528.93. 3. Broadcom Broadcom (NASDAQ:AVGO) is the last major chipmaker to publish its results during the current earnings reporting period. The San Jose, California-based company will report its fiscal 2021 fourth-quarter results, also after market close on Thursday. Analysts expect the company to post a profit of $7.74 per share on revenue of $7.36 billion. Despite strong demand for the company's chips, it announced a below-expected sales growth in September, surprising investors. At the time, the company told investors it tightly controlled which orders it would fill to avoid creating a future oversupply. Broadcom shares, which closed Friday at $558.12, have gained 27% this year and nearly 40% in the last 12 months.       Source: Investing.com