3 Stocks To Watch In The Next Week

3 stocks to watch in the next week have been determined. Those 3 stocks were Tesla, Constellation Brands, Levi Strauss.

With the positive developments on the macro side, two of the companies below will publish their final quarterly reports next week.

1. Tesla

Stocks of electric car maker Tesla (NASDAQ: TSLA) may show some positive action next week. The US-based manufacturer announced last Friday that it delivered more vehicles than expected in the first quarter. Tesla reported on Friday that 184,800 vehicles were delivered worldwide in the first quarter of the year, compared to 180,570 in the fourth quarter. Tesla stock fell 6 percent this year after a strong rally in 2020. The stock closed Thursday at $ 661.75 after falling close to 1 percent.

2. Constellation Brands

US-based Constellation Brands (NYSE: STZ), the producer of the corona beer, will announce its 2021 fourth quarter report before the market opening on Thursday, April 8. The analysts estimated $ 1.86 billion in sales revenue, with a profit of $ 1.55 per share. In its previous quarter results, Constellation experienced a nearly 22 percent jump in sales revenue and a 44 percent jump in earnings per share compared to the same period last year. STZ stocks are now close to a record high, after gaining nearly 75 percent in value over the past year. The stocks closed Thursday at $ 229.62.

3. Levi Strauss

Levi Strauss&Co. (NYSE: LEVI) will announce fiscal 2021 first quarter results after market close on Thursday. Analysts' average forecast was $ 0.24 per share with sales revenue of $ 1.25 billion. The San Francisco-based clothing company — known for its famous Levi's brand of jeans — may continue to experience a decline in sales due to the coronavirus epidemic that forced sales outlets to close in some markets in the past quarter. Levi's shares have recovered strongly over the past year and gained over 135 percent since the bottom last March. The stock closed Thursday at $ 23.69 after a nearly 1 percent drop.     Source: Investing.com