132.40 -0.05 (-0.04%)
After hours: 6:01PM EDT
|Bid||132.04 x 1400|
|Ask||132.58 x 1400|
|Day's Range||131.11 - 132.87|
|52 Week Range||97.68 - 132.87|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||18.14|
|Earnings Date||May 8, 2019|
|Forward Dividend & Yield||1.76 (1.59%)|
|1y Target Est||132.55|
Apr.18 -- Quibi founder and Chairman Jeffrey Katzenberg speaks to Emily Chang on Bloomberg Studio 1.0 about his career in Hollywood, from getting fired from Walt Disney Studios to starting Dreamworks.
Netflix Beats Analysts’ Q1 Estimates, Weak Guidance Disappoints(Continued from Prior Part)Netflix’s revenue trendsNetflix’s (NFLX) revenue grew 2.2% YoY (year-over-year) to $4.52 billion in the first quarter, beating Wall Street’s estimate
Netflix Beats Analysts’ Q1 Estimates, Weak Guidance DisappointsNetflix in Q1The world’s largest video streaming service provider, Netflix (NFLX), announced impressive first-quarter results after the closing bell on April 16, beating Wall
The intrinsic value of the stocks in which the Fund invests may never be recognized by the broader market. Ariel Fund is often concentrated in fewer sectors than its benchmarks, and its performance may suffer if these sectors underperform the overall stock market. Warning! GuruFocus has detected 2 Warning Signs with SLCA.
Warren Buffett's $82.5 billion estimated net worth makes him the world's third-wealthiest man, behind Microsoft's Bill Gates and Amazon's Jeff Bezos. Unlike Gates and Bezos, however, Buffett's fortune came from investing in other companies. Since Buffett took control of Berkshire Hathaway in 1964, the price of Berkshire's A shares has increased at an annualized rate of 20.5%, compared with 9.7% for Standard & Poor's 500-stock index. Like most wildly successful investors, Buffett makes it sound easy: Buy quality companies with great businesses, and try to buy low when the opportunity arises. Invest for the long term. Those rules--and a canny eye for opportunity--have led Berkshire to stocks as diverse as Apple, Coca-Cola, Costco and Visa. Most stocks, even the ones Buffett loves, aren't cheap. "Prices are sky-high for businesses possessing decent long-term prospects," Buffett said in his 2018 shareholder letter. The eight stocks here embody virtues that Buffett loves. Not all are bargains, but all are high-quality stocks with rock-solid balance sheets, strong competitive advantages, prodigious cash generation or the power to raise prices, even in tough times. SEE ALSO: How Well Do You Really Know Warren Buffett?
Tracking the movements of hedge fund managers can give investors a wealth of ideas. Here are three intriguing companies hedge funds have been buying up recently.
[Editor's note: This story was previously published in February 2019. It has since been updated and republished.]The stock market is on fire right now. Year-to-date, the S&P 500 is up 16%, and it isn't even May yet.While I've been bullish on this 2019 stock market turnaround for some time now, I also realize that there are still risks out there which could subdue the current rally in stocks. U.S. and China trade talks are progressing, but there's no resolution yet. The global economy remains healthy, but it is slowing. Consumer confidence remains high, but it is dipping. Earnings remain strong, but costs are rising, margins are dropping and earnings growth is slowing.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOverall, the current economic backdrop for stocks is bullish, but it has risks. Right now, valuations seem to reflect reality. Thus, the outlook for continued gradual gains is healthy.But with stocks set to slow, now is a good time to start buying into dividend stocks. These stocks tend to outperform when the broader stock market slows since they are seen as protection from volatility. Further, dividend stocks could get a nice boost in 2019 if the Fed remains cautious, doesn't hike, and rates largely remain low. * 5 Dividend Stocks Perfect for Retirees Overall, now seems like a good time to add some stability to the portfolio through dividend stocks. With that in mind, here's a list of seven healthy dividend stocks to buy in 2019. AT&T (T)Telecom giant AT&T (NYSE:T) has been burdened by a huge and growing debt load, and slowing operations in its core wire-line businesses.AT&T stock remains at an attractive entry point for dividend investors. The dividend yield is 6.37%. That's near a five-year high. The forward earnings multiple is 8.8. That's near a five-year low.In other words, around $32, AT&T stock is cheap. It won't remain cheap for long. More aggressive pushes into the streaming market will ultimately offset cord-cutting weakness, and the mainstream deployment of 5G coverage in 2019 will help boost profits in the wireless business. Overall, the fundamentals will stabilize in 2019, and once they do, AT&T stock will rally in a big way. Intel (INTC)With a mere 2.35% dividend yield, Intel (NASDAQ:INTC) may seem like a surprise entry on this list. But, you don't buy Intel stock for the yield. You buy Intel stock for growth at a reasonable price and you get a 2.35% yield on top of that.At its core, Intel stock is the cheapest and most stable way for investors to gain exposure to all of tomorrow's most relevant growth markets. You name it, Intel has exposure to it through its portfolio of chips. Data-centers? Intel is the biggest supplier. Internet-of-Things? Intel has a huge presence there. AI? Intel is at the front of that innovation frontier. Autonomous driving? Intel has scored multiple self-driving partnerships. * 5 Dividend Stocks Perfect for Retirees Overall, Intel stock has a ton of long-term growth potential through its multi-faceted exposure to multiple secular growth markets. Yet, the valuation today remains exceptionally reasonable, at just 11.4 earnings. Thus, Intel stock is big growth at a reasonable price, and there's a 2.35% yield to boost investor returns. Target (TGT)Much like Intel, Target (NYSE:TGT) is a typical growth at a reasonable price stock. But, it's also a strong dividend stock, with a dividend yield that currently sits just under 3.2%. Thus, with Target stock, investors get the best of both the growth and stability worlds.The fundamentals are currently favorable for Target stock. The U.S. consumer remains largely healthy. There has been some weakness in the consumer with rising rates and stock market volatility, but such weakness hasn't been enough to derail the consumer. Moreover, Target has been on fire in terms of building out omnichannel commerce initiatives and expanding its product portfolio. The combination of these efforts has made Target one of the hottest stories in the entire retail world.Target stock trades at just 13.4 forward earnings with a near 3.2% yield. Thus, the stock is cheap against a favorable operating backdrop. That combination will ultimately lead to Target stock becoming a winner in 2019. American Electric Power (AEP)On more of the pure dividend play side is utility giant American Electric Power (NYSE:AEP).When it comes to the fundamentals, you won't find many stocks supported by more stable fundamentals than AEP. American Electric Power is a massive electric utility company that delivers electricity to more than 5 million customers across eleven states. Demand for electric service is much like demand for water -- it's not away any time soon, regardless of which way the economy swings. As such, the demand drivers here are stable, as are the company's revenues and profits. * 5 Dividend Stocks Perfect for Retirees Meanwhile, AEP stock sports a 3.2% dividend yield. With rates on hold, that yield is more attractive today than it was a few months ago, when the Federal Reserve was consistently hiking rates. Thus, so long as the Fed remains on hold in 2019, AEP stock should outperform as dividend stocks come back in favor. Disney (DIS)Although Disney (NYSE:DIS) isn't a utility company like American Electric Power, it does benefit from similar stability in demand, revenues and profits.Disney doesn't offer electric services. But, it offers other things that the consumer arguably can't live without -- the world's greatest movies and theme parks, robust access to live sporting events, and a handful of quality TV shows and channels. Demand for these services and goods is stable in the big picture. To be sure, cord cutting is hurting the company's traditional media business. But, even that major headwind hasn't really depressed revenues and profits that much, and DIS stock has simply traded sideways as a result (as opposed to falling by a bunch).In 2019, that headwind will disappear with the launch of a Disney streaming service. As that headwind disappears, this stock will rally from a current valuation low that comprises a 20 forward multiple and 1.6% dividend yield. Thus, calendar 2019 could be a big breakout year for DIS stock. Exxon Mobil (XOM)A highly underrated dividend stock that could have a big 2019 is Exxon Mobil (NYSE:XOM).The recovery in oil prices in early 2019 has led to a sharp recovery in shares of XOM. Many analysts expect this to continue. Global demand appears to be firming up thanks to stabilizing economic conditions. Meanwhile, the world's major oil suppliers seem increasingly committed to synchronizing production cuts. Firming demand coupled with falling production should lead to a rally in oil prices, which in turn should lead to a rally in XOM stock. * 5 Dividend Stocks Perfect for Retirees This is especially true considering the valuation underneath XOM stock today. The yield is at 4.1%. That's a multi-year high. The forward multiple is 15. That's near a multi-year low. As such, you have a cheap stock with improving fundamentals. That's a winning combination that should power XOM stock higher in 2019. McDonald's (MCD)Very few companies have performed as consistently well as McDonald's (NYSE:MCD) over the past several years.During that stretch, McDonald's has reinvented itself as a consumer-friendly company more aligned with today's healthy eating trends. They've subbed out frozen patties for fresh patties. They've added premium and healthier items to the menu. There has been a huge emphasis on quality chicken offerings. There has also been a big push into the breakfast game. And, they've done all this while sustaining industry-low prices and industry-high convenience.All these initiatives have powered consistently robust results at McDonald's. Net result? MCD stock has rallied in a big way. It will continue to do so. The fundamental drivers remain healthy. The stock remains reasonably valued (22 forward earnings and a 2.45% yield). As such, MCD stock will remain on a winning trajectory for the foreseeable future.As of this writing, Luke Lango was long T, INTC, TGT and DIS. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post 7 Healthy Dividend Stocks to Buy for Extra Stability appeared first on InvestorPlace.
Since 1923, the top individual shareholders of The Walt Disney Company have changed hands many times. In 2018 there are five major shareholders.
Big, boring AT&T (NYSE:T) recently made a splash, selling its minority stake in streaming video site Hulu. AT&T stock gained 0.7% on the news.Source: Shutterstock Thanks to its Time Warner deal, the telecom giant received a 9.5% stake in Hulu, which it sold earlier this week for $1.43 billion. That values the streaming firm at around $15 billion.Source: Shutterstock Of course, those happiest about the sale are Disney (NYSE:DIS) and Comcast (NASDAQ:CMCSA). They own approximately 60% and 30% of Hulu, respectively.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Dividend Stocks Perfect for Retirees The divestment has several positive consequences for T stock. For years, critics have complained that the debt of the telecom firm is excessive. The sale was a small, but important, step towards streamlining the massive company and lowering its debt.Following the Time Warner buyout, AT&T owns a very enviable content portfolio. This includes among many other brands, HBO. During last year's Emmys, HBO was the only network whose performance was comparable to that of Netflix (NASDAQ:NFLX).Therefore, it only makes sense that AT&T would dump Hulu and focus on its own streaming endeavors. That strategy will be meaningfully positive over the longer term for the T stock price.However, is that enough to get me excited about AT&T stock? I think the move demonstrates management's seriousness about resolving the company's pressing financial issues. Still, the sale of the Hulu stake alone won't make or break anyone's approach toward AT&T stock.Two months ago, I mentioned to readers that I was very interested in the company, enough to buy shares of AT&T stock. There were three main reasons for my decision: the company's network moat, 5G and content streaming, and the high dividend yield of T stock. The T stock price has moved higher since then.But I'm bullish on AT&T stock for a much more fundamental reason. AT&T Stock Is Part of the U.S. GovernmentTake a look around the internet and you'll find a common criticism of AT&T stock. It's the d-word I mentioned before, and I'm not talking about dividends. Rather, I'm referring to the excessive debt load that threatens to undermine everything that the company's management has planned.If AT&T was a "normal" company, I would certainly be worried. After all, carrying nearly $170 billion of debt isn't anything to make light of.Moreover, a number of analysts have pointed out that better investments than AT&T stock exist. There's a telecom firm that has better growth metrics, higher earnings potential, and a stable balance sheet. Those are true statements, but very few companies have the practical, structural stability of AT&T.Specifically, AT&T is essentially a branch of the U.S. government. Want proof? Look at the multi-billion dollar federal contract that the company won to develop a nationwide broadband network for emergency responders. That's a highly sensitive responsibility that no other telecom firm has come close to matching.But this bullish thesis on T stock goes beyond national-security concerns. In order for us as a country to stay competitive in this century, we must invest vigorously in artificial intelligence and other automated technologies. To actualize this technological potential, the U.S. requires a viable telecom network.The digitalization of everything, or the Internet of Things, obviously requires data transfers across wireless networks. So however one may feel about AT&T, its infrastructure and vast networks are pivotal to our digital and automated success.Thus, I don't think the traditional metrics used to assess publicly-traded companies work with AT&T stock. That's because the government won't let it fail because AT&T is almost part of the government. Keep Expectations for T Stock in CheckGenerally speaking, I believe that AT&T stock is a safe investment. However, that doesn't mean investors can't lose money on T stock. Therefore, I don't recommend that people buy T stock with reckless abandon.What I'm trying to convey is that AT&T stock isn't your average, everyday investment, since it has $170 billion of debt. But our country is indebted to the tune of $22 trillion. Both numbers are significant, but they don't automatically spell doom.AT&T's balance sheet looks awfully risky. However, AT&T is one of those companies that are too big and important to fail. So as long as you keep your expectations in check, T stock should do very well for you.As of this writing, Josh Enomoto is long AT&T stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Hereas the Real Reason Why I Bought AT&T Stock appeared first on InvestorPlace.
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)Hulu subscribers Hulu has added 8 million subscribers since January 2018 and has added nearly 22 million subscribers since January 2012. At the end of 2018, Hulu had 25
U.S. stock futures are rallying into the open this morning.Source: Shutterstock Futures on the Dow Jones Industrial Average are up 0.17% and S&P 500 futures are higher by 0.22%. Nasdaq-100 futures have added 0.18%.Resistance near last year's peak flexed its muscles Wednesday, thwarting the market rally. In the options pits, calls continued to dominate and overall volume climbed to above-average levels. Specifically, about 19.1 million calls and 14.6 million puts changed hands on the session.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMeanwhile, over at the CBOE, the single-session equity put/call volume ratio fell to 0.55. The 10-day moving average continued hovering near 0.60.Options traders swarmed in the following stocks: Intel (NASDAQ:INTC), Netflix (NASDAQ:NFLX) and Freeport McMoran (NYSE:FCX)Let's take a closer look: Intel (INTC)In yesterday's vital data we highlighted the unexpected settlement between Apple (NASDAQ:AAPL) and Qualcomm (NASDAQ:QCOM) that sent QCOM stock skyrocketing. It turns out Intel was another beneficiary to the news. With AAPL officially befriending Qualcomm for all of its 5G needs, Intel decided to abandon its efforts at developing cellphone modems designed for 5G internet. * 10 Best Stocks to Buy and Hold Forever Rather than punishing Intel for the lost opportunity, investors are rewarding the chipmaker for exiting what was likely to be an unprofitable venture.With Wednesday's 3.26% gain, INTC stock closed at a fresh 19-year high. Its uptrend is on solid footing heading into next week's earnings announcement.On the options trading front, calls ruled the roost. Activity swelled to 447% of the average daily volume, with 280,589 total contracts traded. Calls claimed 63% of the day's take.The pre-earnings volatility ramp continued with a rise to 31% or the 44th percentile of its one-year range. Premiums are pricing in daily moves of $1.14 or 1.9%. Netflix (NFLX)Netflix entered its earnings release with the specter of Disney's (NYSE:DIS) Disney Plus hanging over its head. Fortunately for the streaming king, its quarterly numbers were sufficient to lay investor fears to rest for now. NFLX stock ended the day down 1.31%, which is an extremely quiet reaction compared to some of its monster gaps from past quarters.For the first quarter, Netflix earned 76 cents per share compared to analyst expectations of 57 cents. Revenue also came in above expectations at $4.52 billion versus 4.50 billion.On the options trading front, calls outpaced puts by a slim margin despite the day's descent. Total activity climbed to 241% of the average daily volume, with 392,668 contracts traded. Calls accounted for 55% of the sum.Traders were baking in an earnings gap of 6.5%, so the 1.31% slide came in well below expectations. Chalk this quarter up to a massive win for volatility sellers. Freeport McMoRan (FCX)FCX stock was percolating on Thursday as traders jockeyed for positions ahead of its earnings announcement. The copper and gold company traded up 5% before profit-taking slammed it back to unchanged on the day.This year's recovery has taken FCX shares up some 40% to reclaim the high side of its 200-day moving average. The 20-day and 50-day moving averages are also rising loyally beneath to confirm buyers have wrested control of the short- and intermediate-term trends. Bulls shouldn't rest on their laurels, however. The past four earnings announcements have generated intense selling pressure. Here's to hoping next week's event doesn't undo this year's progress.On the options trading front, traders came after calls with a vengeance. Activity jumped to 385% of the average daily volume, with 192,024 total contracts traded. 86% of the trading came from call options alone.Implied volatility rallied to 47% placing it at the 36th percentile of its one-year range. Premiums are pricing in daily moves of 42 cents or 3%.As of this writing, Tyler Craig held neutral options positions in Disney. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Thursday's Vital Data: Intel, Netflix and Freeport McMoRan appeared first on InvestorPlace.
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)Hulu’s investment in original contentHulu has spent billions of dollars on original content to build its subscriber base amid competition from streaming giants like
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)HuluHulu was jointly owned by Walt Disney (DIS), Comcast (CMCSA), 21st Century Fox, and AT&T (T). The acquisition of Fox assets last month gave a controlling stake of
Netflix can compete in the streaming world because "it's all about peer pressure. "Netflix is a steal. "You find a way to give me some sports packages without those 85 channels from 1 to 100 that I don't use and I'd be a cord cutter, too, after reviewing those borderline extortionate cable bills," he says.
The video-streaming giant beat its own guidance targets in the first quarter, pointing to ultralocal content production as a key growth driver.
Netflix brushed off concerns that Apple and Walt Disney could slow its growth in the streaming video market after it reported stronger-than-expected subscriber gains in the first quarter.
Legacy media companies are slowly entering the digital streaming fray. After Walt Disney Co. (DIS) introduced its digital streaming package, which is called Disney+, many investors sounded the alarm bells for Netflix Inc. (NFLX), the streaming pioneer and king of the direct-to-consumer hill. After Disney announced the particulars for its streaming service last week, Netflix shares were down approximately 5% on Friday, while Disney's stock increased more than 10%.
CEO Reed Hastings wants you to know that a rising tide lifts all boats. To much enthusiasm, Disney had rolled out its $6.99 direct-to-consumer streaming product just days earlier, while Apple unveiled its own Netflix competitor, Apple TV+, in late March.
Netflix Inc. (NFLX), the spectacularly successful streaming giant whose shares have risen about 7-fold in five years, is now overvalued and poised for a fall, according to Gene Munster, managing partner and co-founder at Loup Ventures. While many analysts remain bullish despite the streaming giant's mixed earnings report, Munster says the stock will be reined in by rising cash burn and heightened competition from rivals such as Walt Disney Co. (DIS), Apple Inc. (AAPL) and Amazon.com Inc. (AMZN), per an interview with CNBC. Netflix stock has fallen roughly 15% off its 2018 high and made little movement over the last three months.