3 Stocks To Monitor Next Week

3 stocks to monitor next week have been determined. Those stocks were Berkshire Hathaway, Pfizer and PayPal. Here are the details..

Next week, some of the largest US companies will announce their last quarter performance. The 3 stocks to be followed from different sectors are as follows. 1. Berkshire Hathaway Berkshire Hathaway (NYSE: BRKa), (NYSE: BRKb), owned by Warren Buffet, announced its 2021 first quarter results on Saturday. The results showed that the group's assets — which include shares in insurance, transport, and utilities — earned 20 percent more operating income compared to the same period last year. Net earnings, reflecting Berkshire's $ 282 billion stock portfolio, were $ 11.7 billion in profit compared to a $ 49.7 billion loss last year when the epidemic began to spread across the U.S. and the stocks collapsed. At Berkshire's annual meeting, Buffett, the company's CEO and one of the most important investors in the country, said the recent boom in individual and intraday trade is not sustainable. Buffett told investors that "... the tendency to gamble among people around the world is very strong ...". Buffett, continued as follows: "For a while, it creates its own reality and nobody tells you when the clock will hit 12 and everything will turn into pumpkins and rats." Berkshire shares, which gained 18 percent this year, finished Friday at $ 274.95. 2. Pfizer Pfizer (NYSE: PFE), one of the leading pharmaceutical giants, will announce its first quarter results before the market opening on Tuesday, May 4th. Analysts' expectation was that the company announced a profit of $ 0.78 per share, with sales of $ 13.65 billion. Pfizer is one of the global leaders in the production of coronavirus vaccines and supplies billions of doses of vaccine to countries fighting the virus worldwide. In February, the company estimated that it will generate about $ 15 billion this year from the coronavirus (Covid-19) vaccine they developed with the German company BioNTech SE (NASDAQ: BNTX). Pfizer shares, which gained 5 percent this year, finished Friday at $ 38.65. 3. PayPal Payment services giant PayPal Holdings (NASDAQ: PYPL) will announce its first quarter results after the market close on Wednesday, May 5th. Analysts' average forecast was $ 5.91 billion in revenue and $ 1.01 in profit per share. As a result of users turning to online shopping during the coronavirus epidemic, PayPal's platform experienced a serious increase in volume. This increase is thought to make a strong contribution to the company's earnings. The technology giant tripled its profit in the previous quarter compared to the same period last year. In an interview with Bloomberg in February, CEO Dan Schulman said, "PayPal has never been a more important and needed service than it is now." Schulman, continued as follows: "Obviously, the world has made a three to five-year leap into the new digital age, and there is no turning back." Last year it more than doubled in value and closed Friday at $ 269.29.       Source: Investing.com