3 Stocks To Monitor In The Upcoming Week

3 Stocks to monitor in the upcoming week have been determined. Those 3 stocks were Zoom Video, Best Buy, and Dell stocks.

1. Zoom Video

Zoom Video Communications (NASDAQ:ZM) will announce its third-quarter results on Monday, November 22, after the market close. With schools and workplaces reopening, there are some signs that the growth of the videoconferencing platform during the pandemic is now coming to an end. ZM shares, which gained fivefold value in 2020 as the usage rate of the company's communication platform exploded during the epidemic and restrictions, fell more than 25% this year and closed Friday at $251.30. The company's explosive growth during the pandemic is slowing down sooner than many analysts had anticipated.

2. Best Buy

Electronics and technology chain Best Buy (NYSE:BBY), which has stores across the US and Canada, will report its third-quarter results ahead of market opening on Tuesday, November 23. Analysts' consensus estimate was for the retailer to post a profit of $1.94 per share on revenue of $11.62 billion. With strong earnings reports released by other top retailers last week, Best Buy is likely to surprise to the upside ahead of the critical holiday season. In anticipation of this strong selling activity, investors have pushed BBY shares up nearly 24% over the past three months. Best Buy stock closed Friday at $136.13.

3. Dell Technologies

Dell Technologies (NYSE:DELL) will also report its fiscal 2022 Q3 results on Tuesday, after market close. Analysts expect the company to report $2.30 per share on revenue of $27.37 billion. Dell shares, which have gained 48% this year, closed Friday at $55.02. This month, Dell completed the spin-off of enterprise software maker VMware (NYSE:VMW), in which it owns more than 80%, creating two publicly traded companies and raising funds to pay off debt.         Source: Investing.com