3 Stocks to Follow Next Week

3 stocks to follow next week have been determined. Those shares were shares of Pfizer, Qualcomm and Uber Technologies.

Next week, investors will have the opportunity to review the latest quarterly results from some of the country's largest companies. 3 stocks worth watching from different sectors were discussed as follows:

1. Pfizer

Global pharmaceutical giant Pfizer (NYSE:PFE) will announce its third-quarter results on Tuesday, November 2, ahead of the market opening. Analysts expect the healthcare giant to report a profit of $1.08 per share on revenue of $22.58 billion. The New York-based drugmaker previously expected vaccines to generate $26 billion in revenue this year. The upside correction shows that demand for vaccines that Pfizer sells with its German partner BioNTech SE (NASDAQ:BNTX) is still strong. The company also plans to develop new products using mRNA technology. Pfizer shares are up 19% this year, closing Friday at $43.74.

2. Qualcomm

Qualcomm (NASDAQ:QCOM), another high-profile name, will announce its quarterly results on Wednesday, November 3, after the market close. Analysts expect the San Diego-based chip maker to report $2.26 per share on revenue of $8.85 billion. The world's largest smartphone chip maker offered a strong quarterly forecast in July, driven by the growth of 5G networks and consumer demand for new devices. But Qualcomm shares are down more than 12% this year as global chip shortages make the future outlook uncertain. The stock closed at $133.04 on Friday.

3. Uber

Uber Technologies (NYSE:UBER), the world's largest ride-hailing company, will announce its third-quarter results after the market close on Thursday, November 4. Analysts' consensus expectation was that the San Francisco-based vehicle services platform posted a $0.34 loss per share on revenue of $4.41 billion. Uber shares have fallen more than 14% this year, coming under pressure as the economy reopens and people start calling again, amid concerns that a shortage of drivers will curb growth. The stock closed Friday at $43.82 after falling around 2%.           Source: Investing.com