NFLX - Netflix, Inc.
| Previous Close | 343.43 |
| Open | 341.63 |
| Bid | 339.35 x 800 |
| Ask | 339.73 x 800 |
| Day's Range | 336.15 - 343.40 |
| 52 Week Range | 231.23 - 423.21 |
| Volume | 5,019,011 |
| Avg. Volume | 6,765,829 |
| Market Cap | 148.537B |
| Beta (3Y Monthly) | 1.51 |
| PE Ratio (TTM) | 121.33 |
| EPS (TTM) | 2.80 |
| Earnings Date | Jul 17, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 388.62 |
- Motley Fool•6 hours ago
This Is the One Thing Netflix Should Do Better
The digital video expert simply doesn't listen to shareholder proposals. Ever.
- MarketWatch•15 hours ago
These early retirees bought their ‘disgusting’ house in Montana with cash and budget less than $1 a pound for food
Some may say Jillian Johnsrud has a frugal lifestyle, but, if you ask her, she’d say she’s living the dream. Johnsrud, who lives in Kalispell, Mont., with her husband and five children, has always been consistent in how she spends money: It only goes toward what she and her family value, and nothing more.
- Barrons.com•yesterday
Blackstone’s Stephen Schwarzman and Other Visionary Founders on Our List of the World’s Best CEOs
With patience and skill, Blackstone Group CEO Stephen Schwarzman helped build an alternative-investment powerhouse that soon will be available to a much larger universe of investors.
- InvestorPlace•2 days ago
Take a Ride on This Lyft Stock Rally
After a long, quiet period, this year's IPO market is abuzz. Two in particular -- Lyft (NASDAQ:LYFT) and Uber (NYSE:UBER) -- captured most of the headlines on Wall Street. That is, until Beyond Meat (NASDAQ:BYND) recently stole the show.Source: Shutterstock While the BYND and Zoom Video (NASDAQ:ZM) IPO processes produced successes, we learned that not all IPOs are created equal. Lyft stumbled right out of the gate. There was enough criticism to go around as to who did what and when to ruin the LYFT launch. What made matters worse for it, is that Uber came to market soon thereafter. It undoubtedly stole bids away from Lyft stock so it stood no chance of finding footing for weeks.Early in May I wrote an article about not giving up on Lyft and to stay long it. The idea paid, as the stock is up 16% since then. Today's note is to point out that even from here, there still is a bullish technical set up which could be the next opportunity for the Lyft bulls.InvestorPlace - Stock Market News, Stock Advice & Trading Tips LYFT Stock By the NumbersI am a fundamental investor, so I have to look at the boring stuff like valuation and the bullish versus the bearish thesis. So first let's look at the fundamentals, which aren't that great on paper. Lyft still loses a ton of money and they claim that they're going to grow to the moon. The path to profitability is very murky. Many experts even contend that they will never be profitable.I agree that the stock is definitely not cheap, since it sells at 7 times sales. But it's hard to gauge a growth stock like this so early in the process -- especially one that's in a brand-new disrupting industry. So there are no experts in the field. Amazon (NASDAQ:AMZN) and Netflix (NASDAQ:NFLX) encountered the same bearish arguments as they blazed their new industry trails. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 So for those who like LYFT stock, buy it for the long term and ignore this short-term action and the bearish talking heads.But I almost never make a trade without looking at the technicals too. So I ignore the fundamentals for this purpose of today's write-up because the opportunity is technical and it is in the charts. So I consider this a stand-alone tactical trade not an investment.The recent price action shows higher lows knocking against a roof. This tells me that the buyers have momentum for almost a month. If they are able to break through the roof, they can overshoot up and test $70 per share. There will be resistance along the way at $65 and $67 per share, so it won't be easy.For those who like to study charts, the pattern looks like an inverse-head-and-shoulder where the neckline is around $63.30 per share. Ideally I wait for the breach of the neckline before I chase the stock up. So it's a case of buy high and sell higher. How to Trade ItSome traders like to anticipate the move and start early, so they buy right away and hope for the rally to unfold. For that, I would definitely use tight stops, and where to place them depends on personal risk tolerance. I see significant levels at $58.70, $56.25 and $54 per share.The good news is that when a stock price range narrows from a wide band into a virtual point, it gathers energy. This almost always resolves itself in a big move where the direction is undetermined. In this case and since the bulls are making higher lows for weeks, unless there's specific bad news the expectation is that they will be able to breach it to rally even further. Click to Enlarge It is important to note that there is risk from outside factors to consider. We are still in the throes of an economic war between the United States and China, so we are apt to getting surprise geopolitical tape bombs. We cannot plan for these so it is best to set in adhere to the stop-loss levels below.Even as I share this upside opportunity here for Lyft, I have to note that I prefer holding Uber stock for the very long term. It's just too big a company to ignore and it reminds me of Facebook (NASDAQ:FB) and its infancy.Regardless, today's write-up is to share the potential of buying Lyft stock for a tactical trade that could deliver a $10 rally.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room free here. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post Take a Ride on This Lyft Stock Rally appeared first on InvestorPlace.
Investor's Business Daily•2 days agoDisney, IBD Stock Of The Day, Tests Buy Point Amid Transformational Streaming Moves
Disney stock cleared a buy point Friday, fueled by more bullish expectations for its upcoming Disney+ video streaming service.
- PR Newswire•2 days ago
Netflix to Announce Second-Quarter 2019 Financial Results
LOS GATOS, Calif. , June 14, 2019 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) today announced it will post its second-quarter 2019 financial results and business outlook on its investor relations website ...
- Zacks•2 days ago
The Zacks Analyst Blog Highlights: Visa, Netflix, Accenture, ConocoPhillips and BlackRock
The Zacks Analyst Blog Highlights: Visa, Netflix, Accenture, ConocoPhillips and BlackRock
- InvestorPlace•2 days ago
Roku Stock Is Streaming Profits for Investors, But Be Careful
There are few companies this year that are raising more eyebrows than Roku (NASDAQ:ROKU) stock. Roku is up over 240% this year, which is 16 times better that the performance of the S&P 500.Source: Shutterstock Clearly this is a momentum stock, and these usually pose a problem for most investors. On the way up, they appear perpetually ready to correct, scaring most investors out. Conversely, few are brave enough to catch them on the way down.The ROKU chart is now so one-sided that it's impossible to find any upside targets from here. Anyone buying it here is clearly hoping for this insane rally to continue.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn early May, although I was leery of it, I shared the potential of Roku hitting $85 per share. The bulls more than delivered on that potential. Up here I cannot chase it because I don't have visibility to upside levels. Besides, the rise was so fast that it has undoubtedly built up a bunch of weak hands below. Sentiment and Technicals in ROKU StockBefore you label me a hater, this is not the same as saying short the stock. I am merely pointing out that it's okay to wait it out a few ticks. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 The markets in general are near all-time highs and going into tremendous geopolitical risk. Some would say that investors are reckless so equities are vulnerable to a correction. Although I don't expect a major one, we could dip on headlines -- but only as part of normal price action. If stocks in general fall, Roku could fall off a cliff. Momentum stocks run fast in both direction.In addition and even with normal price action, breakouts like this need to retest the necklines. Bulls need to know that they have support below before setting new highs.So it would be reasonable to expect Roku stock to drop towards the $82-$88 zone, which was my upside target. So those who are long Roku should not fear this potential drop; it would just be normal price action.Fundamentally, I have problems with the stock. I don't believe in its model as much as Wall Street does. I think onus is on management to prove that they deserve such high valuation. This may be the case that the expectations are too lofty at this point.I have a special label in my trade book for situations like these: THTH -- Too High to chase and Too Hot to short. For those who are set on shorting Roku, use options where a September debit put spread can limit the damage if you're wrong.This stock is not cheap. After 16 years of operations, it is still losing money and its price is 15 times its sales. Buying it up here means that the investors believe that it will grow into its valuation. I remain a skeptic. Bottom Line for RokuI do like the conviction of its fans, but Wall Street can be a fickle bunch. Consider what happened to Nvidia (NASDAQ:NVDA). Every expert loved it when it was at $290 per share. Then suddenly they hated it with a passion.I do like the ROKU sector because, thanks to Netflix (NASDAQ:NFLX), the world now wants to consume media online. Roku has a front seat to that new streaming world. I consider them an aggregator, so they are content-agnostic for now. But I still can't ignore the potential threat from the mega caps that are already in the streaming rat race.I use a Roku stick, but for free, and I would never pay for any of its services because I don't need to. I merely use it to screen share off my phone. It's not popular to say, but there's a risk that the stock has too much love right now.Logic suggests that it is okay to wait it out this high up, even at the expense of missing out on a few upside ticks. The setup for the last mega breakout was obvious to me, so I saw it the rally coming. I don't have that same visibility here, so I put it in the penalty box for now. I would also protect any short-term profits I have, just in case.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room free here. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post Roku Stock Is Streaming Profits for Investors, But Be Careful appeared first on InvestorPlace.
- InvestorPlace•2 days ago
Buy Netflix Stock Because NFLX Continues to Win the Content Wars
When it comes to Netflix (NASDAQ:NFLX) stock, I have one really simple saying: follow the content.The rationale behind this saying is also simple. Content is the core driver of the value of NFLX stock. The company has already figured out the best way to reach consumers. Specifically, NFLX has deployed a direct streaming service that is capable of streaming across multiple devices and has download and watch-later capability. Now NFLX only has to worry about content.Source: Shutterstock When the content is good, old subscribers will stay on the platform because they want to keep watching the content, and many new subscribers will sign up because they want to start watching the content. As a result, Netflix's total sub base will grow. Further, the better the content, the more consumers will pay for the platform. Consequently, NFLX can raise prices, leading to better unit economics, more revenue, and higher margins and profits.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 The opposite is true, too. When the content is bad, old subscribers will be more willing to switch to other streaming platforms because they won't want to keep watching the content. The service won't attract new subscribers because they won't want to start watching the content. Netflix's subscriber base may shrink. Further, the worse the content, the less valuable consumers deem the platform. Consequently, in a worst-case scenario, Netflix would have to cut its prices. That leads to worse unit economics, less revenue, and lower margins and profits.Overall, then, when it comes to Netflix stock, it's all about content. Fortunately for those who are bullish on Netflix stock, NFLX is winning the content wars, and it looks poised to keep winning the content wars for the foreseeable future,. As a result, NFLX stock should keep rallying over the next several years. Netflix Is Winning the Content Wars TodayEvery few months, I do this exact type of article where I look at how consumers perceive Netflix's original content versus content from other sources. I always conclude that Netflix's original content is perceived as better by consumers. The same is true this time around.Most recently, NFLX launched When They See Us, a biographic drama series about five black teenagers who were convicted of a rape they didn't commit. That series was rated 9.1 out of 10 on IMDb. In a totally different genre, Netflix recently launched the first season of Dead to Me, an offbeat "dramedy" which follows the relationship between two strong women. That show got an 8.2 rating on IMDb.Crime documentary series Conversations with a Killer: The Ted Bundy Tapes, received a strong 7.8 rating on IMDb. The Society, an apocalypse thriller, scored a 7.1 rating on IMDb. Science fiction superhero-themed series The Umbrella Academy was rated 8.1 out of ten.Across the board, Netflix's original content over the past few weeks has been perceived as very good by consumers,repeating the pattern of the past several years. Importantly, all the shows and movies referenced above are original works. They aren't recycled content or second seasons. They are all fresh, new, and exciting concepts.Let's compare Netflix's recent content to that of Disney (NYSE:DIS), which is widely seen as Netflix's biggest potential competitor. Disney's three most recent major motion picture releases are Aladdin, Avengers: Endgame, and Dumbo. Two of those are remakes. The third is the final installment in a decade long series. Further, the average IMDb score among those three movies is around 7.5, which is below the scores obtained by four of the five Netflix originals listed above. Netflix Will Continue to Win the Content WarsNFLx is winning the content wars today. It's producing more and better content than anyone else. But, more importantly, Netflix will continue to win the content wars for the foreseeable future.The quality of content production is primarily influenced by two components. The first component is data. The more data a company has on consumers, the more it knows what they want to watch, and the more it can tailor content to their interests. The second component is resources. The more resources a company has, the more resources it can pour into content production.Netflix has the most the data and the most resources of any content producer. Thus, it's well-positioned to continue winning the content wars for the foreseeable future.On the data front, Netflix has nearly 150 million subscribers, in the U.S. and overseas, who are watching shows and movies on its platform every week, if not every day. That means Netflix has dynamic, real-time, and contextualized data on the viewing preferences of 150 million households globally. Nobody else has that data. Thus, Netflix can use its data-driven production method to create more relevant content than anyone else in the world.On the resources front, Netflix can justify spending a great deal on original content much easier than other platforms. Other streaming platforms have a few million subscribers. Thus, when they produce original content, it will be watched by a few million subscribers, at most. Companies can't justify spending large amounts on original content when the return potential is so small.But Netflix has 150 million subscribers. Thus, when it produces original content, its return potential is 150 million watchers. It can justify huge spending on original content when the return potential is that high.Because of Netflix's data and resource advantages, it should continue to win the content wars for a long time. The Bottom Line on NFLX StockWhen it comes to Netflix stock, follow the content. Buy NFLX stock when NFLX's content is good. Sell NFLX stock when NFLX's content isn't good.Netflix is winning the content wars right now, producing a plethora of really good and diverse original series and movies. Thus, next quarter's subscriber numbers should impress the Street, and that will push Netflix stock higher.At the same time, Netflix is poised to keep winning the content wars for the foreseeable future because of its huge data and resource advantages. Thus, its subscriber numbers will continue to be impressive for the foreseeable future, and its consistently higher than expected subscriber numbers will keep Netflix stock on a steady and healthy upward trend.As of this writing, Luke Lango was long NFLX and DIS. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post Buy Netflix Stock Because NFLX Continues to Win the Content Wars appeared first on InvestorPlace.
- Market Realist•2 days ago
Why Did Netflix Start Disclosing Viewership Figures?
Until recently, video streaming giant Netflix (NFLX) didn't disclose the viewership of its original content. However, that has changed this year. Releasing these figures may be indicative of increasing viewing time on Netflix, which could be a critical insight, as Netflix may increase its subscription rates based on how much its subscribers value its content.
- InvestorPlace•2 days ago
Amid Streaming Optimism, ESPN Still a Major Concern for Disney Stock
Until April, Disney (NYSE:DIS) shares hadn't done much of anything for some time. In fact, the Disney stock price had been rangebound for nearly four full years. Over that period, the equity traded mostly between $100 and $120.Source: Shutterstock One of the key factors keeping a lid on DIS stock was ESPN. Fears about "cord-cutting" began to mount. Moreover, with ESPN networks receiving something like $9 per month per subscriber from cable and satellite operators, the risk to revenue and profits was obvious.Meanwhile, Disney's Cable Networks segment -- driven mostly by ESPN -- generated 46% of the company's total profit in fiscal year 2015. The importance of ESPN to overall profits, and the risks it faced created a serious issue for Disney stock, as I wrote back in 2017. And that issue clearly kept many investors on the sidelines and prevented the Disney stock price from rising.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 High-Quality Cheap Stocks to Buy With $10 DIS stock did break out in April, when the company announced plans for its Disney+ streaming service. Disney stock gained 20% in a matter of weeks. But it has since returned to trading sideways. Even with streaming, ESPN remains an important part of the story here. And it's likely to become a point of investor focus again at some point in the future. ESPN StrugglesCable Networks operating income peaked at $6.79 billion in fiscal 2015. Since then, it has fallen steadily. Profits fell 12% in FY2016, 10% the following year, and 4% in FY2018.The news has been better this fiscal year, with just a 1% decline in the first two quarters. This includes a 2% increase in Q2. Still, the pressure has been significant: the Cable Networks segment alone has lost nearly $1.7 billion in profit over the past fourteen quarters, a 25% decline.Most of the pressure likely is coming from ESPN. The subscriber base for ESPN and ESPN2 has shed 12 million subs since FY2011. The Disney Channel has seen subscriber losses domestically but has grown its international reach by nearly 50% over that stretch. Freeform, a unit of Disney Media Networks, likely contributes a small amount of total revenue.What's worrisome, even with decent results so far this year, is that the pressure is likely to accelerate. ESPN+, the network's streaming option, is priced at just $4.99 per month: that's likely about half the company's affiliate fees from companies such as Comcast (NASDAQ:CMCSA), and DISH Network (NASDAQ:DISH). Those affiliate fees are going to be renegotiated in coming years. Furthermore, ESPN faces an uphill battle attempting to get more money out of cable companies dealing with their own subscriber issues.Advertising revenues are falling as well, along with viewership. Cable Networks ad sales dropped 6% in fiscal 2018, per the 10-K. Both revenue streams are at risk, which means ESPN profits are likely to keep declining. ESPN (Still) Matters to the Disney Stock PriceThe good news is that ESPN is less important to Disney than it used to be. While Cable Networks generated 46% of profit in fiscal 2015, three years later the figure was just 33%. With the acquisition of assets from Twenty-First Century Fox, the proportion should shrink even further.Still, ESPN probably will drive something like 20% of total earnings this year, even pro forma for Fox. And those earnings -- as even CEO Bob Iger has admitted -- are going to see pressure in coming years. Disney will increase spending for Disney+ while also losing high-dollar licensing revenue from content it's pulling back from Netflix (NASDAQ:NFLX).Continued declines at ESPN will only add further pressure to the bottom line in the meantime. And those pressures matter from a valuation standpoint. Investors are not willing to pay much for media stocks. Valuations at AMC Networks (NASDAQ:AMCX), CBS (NYSE:CBS), and Viacom (NASDAQ:VIA, NASDAQ:VIAB) confirm this point.At 21-times FY2020 earnings-per-share estimates, DIS stock isn't exactly cheap. Given that a quarter of the business probably would be valued at maybe 10-times on their own, that in turn suggests the rest of the business is dearly valued. These segments also need to generate quite a bit of growth.To be sure, the parks and studio segments probably should be highly valued: they're hugely desirable businesses (the ability of Disney's parks to take pricing is astounding). But the implied values on those businesses suggest a limit on Disney's overall multiples. This also places a recurring lid on the Disney stock price. Will DIS Stock Stay Rangebound Again?And so, it seems possible, if not likely, that DIS stock could return to its rangebound ways. Streaming optimism is dominating the story now. It likely will continue to dominate the headlines once Disney+ officially launches later this year.But from there, investor attention probably returns to some of the currently less-covered aspects of the Disney story. Unfortunately, that includes ESPN. As we saw for years, that's not a great thing for DIS stock.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post Amid Streaming Optimism, ESPN Still a Major Concern for Disney Stock appeared first on InvestorPlace.
- Motley Fool•2 days ago
Buy This FAANG Stock in the Face of Regulatory Worries
The antitrust chief offered insight into how government regulators will target big tech. Except this one.
Motley Fool•2 days agoWarnerMedia Plans to Reach 70 Million Streaming Subscribers
Where will those subscribers come from? And can WarnerMedia make them profitable?
- InvestorPlace•2 days ago
For Investors Who Missed Their Chance, Here’s Where to Buy Twilio Stock
Twilio (NYSE:TWLO) stock is one of those names that draws a big "ugh!" from me when I look back over the long-term charts. Simply put, I had TWLO stock on the radar and let it fade away. Shares went from $30 to $90 in just a few months last year and that train has kept on moving.Some investors were wise enough to load up in the $20s, $30s and $40s after the post-IPO surge cooled down. I say wise because $90 was only a temporary top, with TWLO stock now another 50 points north of that.It brings up the all-too easy (and too familiar) question of, have investors missed their chance in Twilio stock?InvestorPlace - Stock Market News, Stock Advice & Trading Tips Evaluating Twilio StockThe short answer is no. But the higher we bid the stock, the more risk we take as future returns are diminished. No one wants more risk and less reward, right? That line of thinking is traditional and makes sense in most circumstances.For me, I don't mind paying up a premium for a stock that's proven itself. I'd rather pay a premium for TWLO stock at $50 as it was surging higher and had momentum in its business, than buy at $30 two years ago when it had uncertainty surrounding it. * 7 Stocks to Buy for the Coming Recession Twilio stock running from $50 to $100, then $100 to $150 is big, but realistic. However, buying today -- at $140 a share -- we can't expect TWLO to run to $280, then $420 so fast. So what now? Valuing TWLO StockThere's no other way to put it: Twilio stock is not cheap. But there are plenty of stocks that weren't cheap that went on to have stellar moves and make long-time investors wealthy. Three that come to mind are Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Salesforce (NYSE:CRM).I'm not saying TWLO is necessarily the next one of those (these stocks might be), but with an almost-$19 billion market cap, there's still room for upside. For a company that's forecast to do $1.1 billion in sales this year, many investors will gag at the 16.3 times current revenue figure.Like I said, this name isn't cheap!But TWLO stock is turning profitable and while cash flows are not yet where I'd like to see them, the long-term trajectory is big for this company. Twilio's description reads, "Twilio Inc. provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications."In other words, this cloud-based platform is a key cog in many companies' customer communications strategy. That includes Uber (NYSE:UBER), Lyft (NASDAQ:LYFT), Airbnb and Salesforce. Have you seen the growth rate for these companies and then considered what that means for TWLO?It's not just them, either. Coca-Cola Enterprises, Twitter (NYSE:TWTR), Nordstrom (NYSE:JWN), VMWare (NYSE:VMW), the American Red Cross, Yelp (NYSE:YELP), Twitch, Lululemon Athletica (NASDAQ:LULU) and more are all TWLO customers.Analysts predict 70% revenue growth this year, but "just" 34% growth to $1.48 billion next year. That's still solid growth, but the declining rate of growth could be something that stalls the stock at this valuation. Let's look at the charts to get a better idea of what's going on. Trading TWLO Click to EnlargeWhile the slowing revenue growth rate in 2020 is a concern of mine, keep in mind Twilio's still in fiscal Q2 of 2019. More immediately though, Twilio stock just offered 7 million shares at $124 in a secondary offering. So far, the stock has done an incredible job of absorbing this excess supply, along with the shaking off the market selloff in May. * 7 Dark Horse Stocks Winning the Race in 2019 That said, there have been some cracks showing. Through Q1, the 20-day moving average was support. In Q2 that support faded and the 50-day moving average had to buoy TWLO stock. And while almost everything was under pressure by the end of May, this mark had technically given way for Twilio.All this is to say that I don't know how much we can count on the moving averages should we get a pullback. Twilio stock has been riding a multi-month channel filled with higher highs and higher lows. We should consider channel support to be support until proven otherwise.If it fails though, we could get the correction that sidelined bulls have been hoping for. We nailed the breakout over $100 in January and in March said Twilio stock is a buy on essentially any type of pullback. While those have paid off, we need to use more discipline now.Recently, dips below $125 have been gobbled up, while aggressive bulls will be buying on tests of the 50-day and channel support. Below that we have the 38.2% retracement at $112.27 and the 50% retracement near $101. In between is the 200-day moving average. I would love a dip to this area to consider a long position in Twilio stock.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Kenwell is long AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post For Investors Who Missed Their Chance, Hereas Where to Buy Twilio Stock appeared first on InvestorPlace.
- InvestorPlace•2 days ago
Netflix Stock Still Wears the Streaming Crown
Netflix (NASDAQ:NFLX) is the world's premier full-length features streaming company. Granted, there may be competitors, but that doesn't change the fact that they're taking on a giant. That has been most of the challenge with NFLX stock this past year … the market's "concern". It's concerned that Disney (NYSE:DIS) is getting in the game and NFLX gave up Marvel content. It's concerned that Hulu is growing and DIS has consolidated its hold on that streaming service.Source: Shutterstock And if it's not concern over potential competitors taking market share, it's concern about getting more subscribers. Or price points on subscription. Or the volume of original content. Or the lack of volume of original content.The point is, this kind of damned-if-you-do or damned-if-you-don't attitude in the market isn't unique or unusual. Many disruptive companies have been through this.InvestorPlace - Stock Market News, Stock Advice & Trading TipsYou have to remember that for all the algorithms and program trading in the markets these days, analysts and financial leaders are still people. And people view things from a subjective lens, even numbers. * 7 High-Quality Cheap Stocks to Buy With $10 You see this all the time in the broader markets. China and the U.S. break off trade negotiations but the market rallies because the president said everything is going to be fine. Slow economic numbers come out, but the market rallies because Federal Reserve Chairman Powell says if the economy tanks because of the trade war the president said isn't a big deal, he'll lower rates.The point is, these folks view the markets and stocks through a subjective lens and then investors follow along for the most part.Years ago, another disruptor, Amazon (NASDAQ:AMZN), wasn't getting much respect on Wall Street because it didn't stow its cash for a rainy day or distribute it in the form of dividends like most of the other publicly traded companies had done for ages. Bottom Line on NFLX StockEvery quarter, the earnings were above expectations and the market always found a reason to temper its enthusiasm. Until the powers that be didn't, and got on board. Now there are few on the Street who would say a bad word against the company.NFLX stock is going through the same silly thing now. Analysts keep saying that the company can't keep up subscriber growth or expand earnings. And it does.When earnings were released, it impressively beat earnings and revenue expectations as well as subscriber growth. But then it was about its guidance for the rest of the year, which was positive, but the Street deemed it "light". Netflix stock sold off 1% after hours.But NFLX isn't in China, so the trade war isn't an issue, unlike say, DIS. And NFLX only does content, so it doesn't have scores of spinning plates like AMZN. It's focused. And it's doing very well.But given the market's dour view of the firm right now -- although it's up almost 30% year-to-date -- my Portfolio Grader has it as a C. My view is, another solid quarter and today's prices will look like a great entry point in hindsight.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post Netflix Stock Still Wears the Streaming Crown appeared first on InvestorPlace.
- InvestorPlace•2 days ago
China’s Mass of Mobile-Centric Consumers Both Help and Hurt IQ Stock
I must say that I haven't been too kind with iQiyi (NASDAQ:IQ), which most folks know as China's Netflix (NASDAQ:NFLX). You would think that a company that is levered toward the world's biggest market in anything would do well. A cursory look at the charts for IQ stock tells a different tale.Source: Shutterstock And while I'm not trying to pat myself on the back, I will say that recommending against buying iQiyi stock was a gamble. How many times have we seen embattled securities bounce back for absolutely ridiculous reasons? Despite my reservations about the company, IQ still has that China market in its pocket. That's not something to take lightly.That said, I also want to know what other people are thinking, especially those that have a different perspective. You don't really understand your own argument until you understand your opponent's thesis. Although I hardly consider our own Dana Blankenhorn an opponent, he did put forward a differing narrative on IQ stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsEssentially, people have the completely wrong perspective regarding iQiyi stock. As I so cavalierly mentioned up top, IQ is the Netflix of China. But Blankenhorn takes issue with that comparison because it's only accurate from a superficial angle. In reality, they're two different animals. * 7 Stocks to Buy for the Coming Recession Increasingly in American and presumably other western households, people sit down in front of the TV to stream their favorite programs. This behavior facilitates the binge-watching phenomenon that we've grown so accustomed to.But in China, things are different. They don't have time to sit on their easy chair like us lazy Americans. Instead, their consumption is mobile-centric, which specifically benefits iQiyi's platform, and IQ stock.It's also a damn good argument. Unique Chinese Consumerism Also Hurts IQ StockWorking in the financial media space, I more or less have seen it all. Again, I'm not trying to toot my own horn, but I'm rarely intellectually stimulated with investment-related editorials.Blankenhorn's point, though, hit me right in the solar plexus. It made me rethink my own thoughts about iQiyi stock. I also looked at the charts again. While I was right to be bearish on shares, right now, the discount is mighty attractive.So, have I changed my mind? I'm sorry to disappoint any ardent bulls of IQ stock, but I'm still cautious on the company longer-term.Fundamental to Blankenhorn's thesis is that iQiyi is uniquely positioned to serve the unique needs of Chinese consumers. The company's target demographic is the young, upwardly mobile Chinese professional who grew up in an era of unprecedented prosperity. To quote Blankenhorn, they're "working hard and must play hard as well."But this unique Chinese consumerism is a double-edged sword. China's consumers have expectations to stream high-quality content. That arguably benefits IQ stock. But they also expect to do so for free. Obviously, that doesn't help matters.You know what? I'm not surprised one bit. Why should anyone be? For decades, China represented ground zero for content piracy. The number of copyright violations that have occurred is simply staggering.In recent times, the Chinese government has cracked down on these content pirates and they've done a great job. However, because they did a great job, it patently shows you how deeply entrenched piracy is in China. This is a consumer culture that now expects certain things like media entertainment to be free of charge. * 7 Dark Horse Stocks Winning the Race in 2019 It's going to take a while to overturn this mindset, which is why I'm still avoiding iQiyi stock. Short-term Swing for iQiyi Stock PossibleNow, it's not all bad news for IQ stock. What I'm proposing is a longer-term narrative. In the interim, it's very possible that shares at least get a dead-cat bounce.Clearly, the magnitude of volatility has subsided. The risk is currently more to those gambling that shares decline even further. It appears that strong support exists at the $18 level, where shares are roughly trading today.If you have a short-term timeframe and don't mind the choppiness, go for it. The front-face narrative for iQiyi stock that everyone focuses on -- the Chinese Netflix -- remains popular, albeit inaccurate to Blankenhorn's point.But if you're thinking about holding this for the long-term, I'd back off and take a breather. There's a reason why the streaming units of Alibaba (NYSE:BABA), Tencent (OTCMKTS:TCEHY), and Baidu (NASDAQ:BIDU) haven't justified the hype. China has the numbers, but the numbers don't want to pay.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post China's Mass of Mobile-Centric Consumers Both Help and Hurt IQ Stock appeared first on InvestorPlace.
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Should Investors Buy iQiyi Stock Now?
Volatility and stock markets go hand-in-hand. And the continuing U.S.-China trade wars has affected many shares negatively.Source: Shutterstock When fear prevails, logic can easily get thrown out of the window and many stocks decrease to price levels that make them much cheaper than they were several months ago. One such stock that has felt the squeeze recently is IQiyi (NASDAQ:IQ), the online streaming and entertainment company based in Beijing. * 7 High-Quality Cheap Stocks to Buy With $10 Since late February, IQ stock has fallen over 35%, from a 2019-high of $29.09 to a recent price of $18.25. In Mar. 2018, iQiyi, referred to by many as the "Netflix (NASDAQ:NFLX) of China" priced its U.S. initial public offering at $18. In other words, now that the share price is hovering around the IPO price, many investors are wondering whether they should buy IQ stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAlthough iQiyi stock will likely reward long-term investors for many years to come, it may nonetheless continue to be volatile over the next few weeks. And I do not expect a major favorable sentiment shift toward Chinese stocks in the near-term. Yet investors may see any further price declines as good opportunities to go long IQ stock. Here is why. IQ Stock and Investing in the Growing Chinese Consumer EconomyIQ stock, a spin off from China's search leader, Baidu (NASDAQ:BIDU), offers investors the enticing possibility of investing in the growing Chinese consumer economy. IQ was initially an ad-supported, video-on-demand service. Then in 2015, BIDU adopted Netflix's pay-for-content subscription model to China and started charging about $3 per month for original content.After the service grew, Baidu decided to spin it off and, subsequently, IQ stock had its IPO in March 2018. After Tencent Video, which is owned by Tencent Holdings (OTCMKTS:TCEHY), IQ is the second largest video platform. Extremely popular in China. IQ has one other main competitor -- Alibaba's (NYSE:BABA) Youku Tudou -- which is more like Alphabet's (NASDAQ:GOOG,NASDAQ:GOOGL) YouTube platform.The online-video market is growing quickly in China, partly thanks to the availability of more mobile devices.IQ's offerings include streaming-video services, online games, graphic novels, and other merchandise. The company describes itself as "one of the largest internet companies in China in terms of user base."Thus, those who own IQ stock will be able to participate in the growing online video market in China, where the number of paying subscribers is expected to pass 300 million in 2019. IQ is well-positioned to capitalize on this trend. Additionally, many analysts expect IQ to expand into the rest of Asia. How IQ Makes MoneyOn May 16, iQiyi reported its first-quarter earnings. Its revenue jumped 43% year-over-year and reached $1 billion. IQ has three main revenue streams. * Subscription fees (Subscribers can view new, exclusive contents without ads); * Advertising fees (Non-paying viewers must watch a 90-second advertisement before seeing any content); * Content distribution fees (iQiyi receives these fees in exchange for licensing its original content).In other words, IQ's management has been building a rather diversified business model.IQ reported a 58% YoY increase in its subscriber base, which reached 96.8 million, leaving many analysts more upbeat about iQiyi stock In Q1, IQ added 9.4 million new premium members. By comparison, Netflix has almost 150 million subscribers globally.iQiyi generates close to one-third of its revenue from advertising. In fact, a majority of the estimated 1 billion monthly IQ viewers still use the free, ad-supported offering.IQ is still growing quickly, and I expect its next several earnings report to show that its sales growth is around 20%. This increase in revenue is expected to trickle down to the company's bottom line in a few years. What Could Derail IQ Stock Further?Despite its strong potential, IQ stock may face several headwinds in the weeks to come. One important factor investors need to keep in mind is that IQ is not yet a profitable company.The company's Q1 results showed an operating loss of $301.9 million with a negative operating margin of 29%. Its Q2 revenue guidance was also disappointing.Management has underlined that as the company further invests in technology and expands its content library, its cost of revenue will be high. In other words, IQ will not be profitable anytime soon.Analysts value IQ stock based on their belief that its revenue growth will continue to be strong, leading to profits in the future. Therefore, whenever Wall Street fears the company is failing to meet top-line or bottom-line expectations, IQ stock will get penalized.In other words, long-term investors should be ready for daily price fluctuations as well as high volatility around earnings release dates.In addition to stock-specific speculative moves,those considering buying IQ stock should also consider the current global trade wars and the state of the Chinese economy. Recently, the International Monetary Fund (IMF) has warned that China, the world's second-biggest economy, has been slowing considerably.If the Chinese economy stalls further, IQ's advertising revenue could be impacted. Marketers in China have already been scaling down their ad budgets. At this point, Wall Street does not know if the ad slowdown will just prove to be a bump in the road for IQ stock or the trigger for a meaningful downturn in IQ's business.However, a potential cooling off of China's economy shouldn't impact anyone's long-term investing strategy. And if IQ's user base continues on its current growth trajectory, an advertising revenue decline probably won't impact iQiyi stock much. Those who plan to hold IQ stock over the long-term are happy to bet that more Chinese viewers will be willing to subscribe to IQ's services instead of watching ad-supported free content on the company's website. The Bottom Line on iQiyi StockFor long-term investors, any near-term fluctuations of IQ stock will be negligible. Yet markets suffer during times of uncertainty and in the coming months, I expect IQ stock to be a battleground between investors and traders.As a result, IQ stock price may have a bumpy ride, possibly until the company reports its Q2 earnings in August. When its Q2 results are released, long-term investors may want to re-evaluate its business outlook. Going forward, analysts would also like to see the company's sales growth rise above the mid-teen level.New investors may want to consider buying IQ if iQiyi stock goes below $17. IQ stock will become very attractive as it moves toward the $15 level.The current owners of IQ stock may also consider hedging their positions. As for hedging strategies, covered calls or put spreads that expire on July 19 could be appropriate, as straight put purchases are likely to be expensive due to heightened volatility.On a final note, Baidu still owns over 55% of IQ stock and about 20% of BIDU's revenues come from IQ. Therefore, those investors who may not be ready to invest in IQ may consider buying BIDU stock. Such a move would give those investors exposure to iQiyi stock, too. Despite the choppy and weak price movements of IQ stock lately, iQiyi still has a large opportunity in the Chinese market.As of this writing, author did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post Should Investors Buy iQiyi Stock Now? appeared first on InvestorPlace.
