5 Stocks To Watch For June 4, 2021

5 Stocks To Watch For June 4, 2021

Some of the stocks that may grab investor focus today are:

  • Broadcom Inc AVGO posted better-than-expected results for its second quarter and issued strong revenue forecast for the current quarter. Broadcom shares fell 0.2% to $464.00 in the after-hours trading session.
  • Wall Street expects Hooker Furniture Corporation HOFT to report quarterly earnings at $0.21 per share on revenue of $121.39 million before the opening bell. Hooker Furniture shares gained 2.1% to $38.25 in after-hours trading.
  • Slack Technologies Inc WORK swung to a profit in the first quarter, while sales also exceeded market estimates. Slack shares fell 0.6% to $43.40 in the after-hours trading session.

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  • Costco Wholesale Corporation COST reported that its net sales for the retail month of May surged 24.2% year-over-year to $15.59 billion. Costco shares rose 0.1% to $383.90 in the after-hours trading session.
  • Lululemon Athletica Inc LULU reported upbeat results for its first quarter and issued strong guidance for FY21. Lululemon shares fell 0.4% to $316.15 in after-hours trading.

Posted In: Apparel, Accessories & Luxury GoodsConsumer DiscretionaryStocks To WatchStocks to WatchEarningsNewsSmall CapPre-Market OutlookMarketsTrading Ideas