3 Stocks to Watch Next Week

3 stocks to watch next week have been determined. Those shares were shares of GameStop, Match Group and Kroger.

Stocks painted a mixed picture last week ahead of the extended weekend due to the "Labor Day" holiday. The NASDAQ was the best performer, while the S&P 500 edged up slightly, while Dow Jones Industrials remained flat. The best performing sectors were defensive; REITs, Utilities, Consumer Essentials, and Healthcare took the lead in achievements. The 3 technology stocks to follow during the short trading week due to the holiday were as follows.

1. GameStop

Games retailer GameStop (NYSE:GME), a favorite for retail investors on Reddit, will announce its second-quarter results on Wednesday, September 8, after the market close. Analysts averaged a loss of $0.66 per share with sales of $1.12 billion. "We're trying to do something no one else in retail has ever done," said activist investor Ryan Cohen, GameStop's Chairman of the Board. said and continued: "We believe we've put the right pieces in, and we have clear goals: to delight our customers and create value for shareholders over the long term." GME shares, which closed Friday at $202.75, have lost more than 20% in the past three months. The stock has been very volatile in the past year, gaining around 2,500%.

2. Match Group

The stock rose more than 11% in post-closing trading on Friday after a news report that dating platform Match Group (NASDAQ:MTCH) will add to the S&P 500 in a realignment of the index, and could show a strong gain next week. Dallas-based Match Group owns Match as well as some matchmaking companies such as Hinge, Tinder, and OKCupid. Since the company's departure from IAC/InterActiveCorp (NASDAQ:IAC) in July 2020, Match shares have gained more than 50%. MTCH shares are up nearly 50% this year, bringing the company's market value to over $40 billion. The stock closed at $148.19 on Friday.

3. Kroger

Supermarket giant Kroger Company (NYSE:KR) will announce its 2021 second quarter results ahead of market opening on Friday, September 10. Analysts were expecting a profit of $0.6281 per share with sales of $30.56 billion. Kroger reported that same-store sales excluding fuel fell at a slower rate in June than analysts had predicted, as consumers returned to their normal shopping habits after a year of stocking up. Kroger's stock has gained 50% this year as sales increased and the company's involvement in the US's efforts to vaccinate against Covid-19.       Source: Investing.com