3 Stocks to Watch Next Week

3 stocks to watch next week have been determined. Those shares were shares of Tesla, Match PepsiCo and Levi Strauss.

1. Tesla

Shares of electric car maker Tesla (NASDAQ:TSLA) may see some movement at the open Monday after it announced over the weekend that it delivered more vehicles in the third quarter than analysts had expected. The stock has gained more than 40% from its lowest point this year, amid expectations that Tesla is starting to improve its margins with the increase in sales volumes. High sales figures also suggest that the company is in a better position to overcome supply shortages that have hurt other automakers. TSLA shares, which have gained 14% in the past three months, closed at $775.22 on Friday.

2. PepsiCo

Snack and beverage giant PepsiCo (NASDAQ:PEP) will present its third-quarter results ahead of the market opening on Tuesday, Oct. Analysts' average expectation was $1.73 per share, with sales of $19.37 billion. In its latest quarterly report released in July, Pepsi announced the fastest sales growth in at least a decade. After recovering from the March drop, PEP stock has soared more than 6% in the past six months, closing at $150.95 on Friday.

3. Levi Strauss

Levi Strauss & Co. (NYSE:LEVI) will release its fiscal 2021 third quarter results after the market close on Wednesday, Oct. Analysts' average expectation was $0.3736 profit per share, with sales of $1.48 billion. While LEVI has upgraded its revenue and profit outlook for the remainder of the year, it warned that its assumptions are based on a global worsening of the Covid-19 outbreak. After falling nearly 6% in the last six months, the stock closed at $25 Friday.     Source: Investing.com