Next week marks the beginning of the first earnings season of 2016, and a few big-name companies are set to report their results. Taiwan Semiconductor Manufacturing (NYSE:TSM) will report on Thursday, January 14, and with the company struggling with slumping sales over the past few months, investors will be judging whether TSMC's optimistic guidance for 2016 makes sense. Intel (NASDAQ:INTC) will report on the same day as well, and with the PC market slumping, the company's data center segment will need to pick up the slack.
In addition to earnings next week, consumer electronics retailer Best Buy (NYSE:BBY) will be providing investors with holiday sales figures on Thursday. With many retail stocks slumping over the past few months, Best Buy will need to put up some solid numbers in order to soothe investors' concerns about a weak holiday season.
Click through the following slideshow for more details on these three stocks to watch.
Intel's dependence on the PC market hit the company's top and bottom lines in 2015, while the data center segment was the Intel's crown jewel. Here's a look at some of the best and the worst Intel headlines from 2015.
Best Buy stock has come back from the dead after it collapsed in 2012, plummeting to less than $12 per share. Here's the story of how CEO Hubert Joly turned Best Buy around, and why the company is well positioned to thrive in the long run.