For Immediate Release
Chicago, IL – January 16, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Netflix NFLX, Disney DIS and Apple AAPL.
Here are highlights from Wednesday’s Analyst Blog:
What to Expect from Netflix’s (NFLX) Q4 Earnings Results?
Netflix has been the worst performing FAANG stock over the last 12 months, down 2.5%. Wall Street and investors have started to worry more about its growing debt load and increased competition from Disney, Apple and others.
Netflix missed its own subscriber growth targets the last two quarters, which could put even more pressure on the firm to crush its fourth quarter estimates. Despite the recent setbacks, NFLX is still the world’s largest streaming TV platform. But Disney, Apple and plenty of others have more money than Netflix and streaming is only part of their businesses.
Looking ahead, our Zacks Consensus Estimates call for Netflix’s Q4 revenue to climb 30% to $5.44 billion. Meanwhile, NFLX’s adjusted Q4 earnings are projected to surge 67% to reach $0.50 per share.
Netflix, which is set to report its fourth quarter financial results on Tuesday, January 21, is a Zack Rank #3 (Hold) at the moment.
Overall, the last year has been rough for Netflix stock. But it was still one of the best performing stocks of the 2010s, up over 4,000%. Now the question is will 2019 mark a blip on the radar for Netflix, or a sign of what’s to come?
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>
Zacks Investment Research
800-767-3771 ext. 9339
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Click to get this free report The Walt Disney Company (DIS) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research