If you own shares of beleaguered video game supplier GameStop (NYSE:GME), up-and-coming cloud company Veeva Systems (NYSE:VEEV), or old-time favorite Cracker Barrel (NASDAQ:CBRL), then prepare yourself for a volatile pre-Thanksgiving week.
Shares of all three companies are likely to take a wild ride: They are heavily shorted -- i.e., they have investors betting against their short-term success -- and all are reporting quarterly earnings. When these variables combine, volatility is almost always the result. If you don't believe me, check out the three stocks I singled out in early November. They moved an average of 11% following their respective releases.
But don't try to use this information to turn a quick buck. There's no telling whether these shares will go up or down; we only know that they're likely to make big moves. Instead, check out the slideshow below to see what Wall Street is expecting over the short term and what you, as a long-term investor, should really be watching.
Brian Stoffel owns shares of Veeva Systems. The Motley Fool owns shares of and recommends Veeva Systems. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.