Today’s Research Reports on Trending Tickers: Amazon.com and Netflix
NEW YORK, NY / ACCESSWIRE / April 17, 2018 / U.S. markets surged Monday as fears of conflict in Syria eased and earnings season kicked off with a strong start. The Dow Jones Industrial Average spiked 0.87 percent to close at 24,573.04, while the S&P 500 Index jumped 0.81 percent to close at 2,677.84. The Nasdaq Composite Index rose 0.70 percent to close at 7,156.28.
"Geopolitical conditions calmed," said Tim Ghriskey, Chief Investment Strategist at Inverness Counsel in New York, according to Reuters. "There’s a lot of anticipation about very strong earnings growth in the quarter. That may be attracting traders and even longer-term investors back into the market."
RDI Initiates Coverage on:
Amazon.com, Inc.
https://rdinvesting.com/news/?ticker=AMZN
Netflix, Inc.
https://rdinvesting.com/news/?ticker=NFLX
Amazon.com's stock edged 0.75% higher Monday, to close the day at $1,441.50. The stock recorded a trading volume of 2,625,536 shares, which was below its three months average volume of 6,319,801 shares. In the last year, Amazon.com's shares have traded in a range of 887.50 - 1,617.54. The share price has gained 62.42% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $1,502.19 is greater than its 200-day moving average of $1,269.62. Shares of the company are trading at a Price to Earnings ratio of 234.39. Shares of Amazon.com have fallen roughly 8.28 percent in the past month and are up 23.26 percent year-to-date.
Access RDI's Amazon.com, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AMZN
On Monday, shares of Netflix recorded a trading volume of 15,387,161 shares, which was above the three months average volume of 11,920,603 shares. The stock ended the day 1.24% lower at 307.78. The share price has gained 121.97% from its 52 week low with a 52 week trading range of 138.66 - 333.98. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $305.33 is greater than its 200-day moving average of $235.64. Shares of Netflix are trading at a Price to Earnings ratio of 246.22. Shares of Netflix have fallen roughly 3.35 percent in the past month and are up 60.34 percent year-to-date.
Access RDI's Netflix, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=NFLX
Our Actionable Research on Amazon.com, Inc. (NASDAQ :AMZN) and Netflix, Inc. (NASDAQ :NFLX) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
