3 Stocks To Monitor In The Upcoming Week

3 stocks to monitor in the upcoming week are Netflix, Johnson & Johnson and Coinbase. Here are the details on the aforementioned stocks..

The shares of these 3 companies, which will release their first quarter earnings report next week, have been reviewed by Investing.com. 1. Netflix Netflix (NASDAQ: NFLX), one of the leading streaming companies, will announce its first quarter results after the market close on Tuesday, April 20. Analysts' expectations were $ 2.97 in earnings per share with $ 7.14 billion in revenue. After its outstanding performance during the epidemic period, Netflix share decreased due to the slowdown in subscriber growth and the fierce competition in the market. Netflix shares rose just over 1% this year as of Friday's closing at $ 546.54. By comparison, the technology-heavy NASDAQ rose 9% over the same period. The results to be announced this week are important for the stock to break through this slowdown cycle and rise. 2. Johnson & Johnson Healthcare provider Johnson&Johnson (NYSE: JNJ) will also announce its first quarter results on Tuesday before the market opening. The analysts' consensus estimate was towards $ 2.34 profit per share, with sales of $ 22 billion for the period. The coronavirus vaccine produced by the company was suspended after reports of life-threatening blood clots in a small number of patients who were administered. The company's scientists denied these allegations in a letter published in the New England Journal of Medicine on Friday. The Wall Street Journal source reported that the Advisory Committee on Vaccination Practices (ACIP) reported on Wednesday that the vaccine does not yet have enough information about the risks posed by these unusual side effects to be able to decide whether the vaccine should continue to be administered, withdrawn or only recommended for certain groups. Despite this negative development, J & J's core activities remain strong, with the US in the process of reopening and hospitals gradually increasing non-emergency operations. J&J shares, which rose 3% this year, finished Friday at $ 162.24. 3. Coinbase Coinbase Global (NASDAQ: COIN), the leading name of cryptocurrency exchanges, is currently low. However, despite this, it is stated that the share has become a key metric for the rapidly growing cryptocurrency market. The stock closed the day at $ 342 after a 6% rise. At this level, stocks were more than 30% above the $ 250 reference price, but well below the $ 429.54 peak seen in the first minutes of trading that started on Wednesday, April 14. Despite the volatility and competition in the leading cryptocurrency Bitcoin, some investors are seeing opportunity at Coinbase. With the expectation that the company's money managers could become one of the key components in their portfolios, Cathie Wood's ARK funds acquired approximately $ 352 million worth of Coinbase shares within two days as reported by Bloomberg.     Source: Investing.com