|Bid||350.47 x 1000|
|Ask||350.69 x 800|
|Day's Range||348.83 - 354.36|
|52 Week Range||144.25 - 354.36|
|PE Ratio (TTM)||280.36|
|Earnings Date||Jul 16, 2018 - Jul 20, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||333.12|
The images are shocking. Famed movie producer Harvey Weinstein in handcuffs after turning himself in to face multiple sexual assault charges. Yahoo Finance's Seana Smith, Pras Subramanian and Jen Rogers discuss.
was reviewed in the middle of April and I wrote that, "A close above $330 opens the way for a price target of $370." Prices have broken out to new highs and look to be on their way to $370 and perhaps even higher. In this daily bar chart of NFLX, below, we can see that prices have been strong since the beginning of the year. The daily On-Balance-Volume (OBV) line is positive but could use a new high to help confirm the year-to-date advance.
Some of the most highly rated companies will take their turn at earnings, including Lululemon and Ulta Beauty. Similarly, elite tech stocks like Salesforce.com and Workday also will report.
Netflix continues to attract more ownership by mutual funds and hedge funds, but fellow Nasdaq companies Cisco, Microsoft and Alphabet still have more fund shareholders.
Reed Hastings tends to be sanguine when asked about the video streaming service Netflix’s notorious refusal to release its ratings. In May 2017, speaking shortly after the cancellation of Baz Lurhmann’s long-awaited 1970s musical drama “The Get Down” after just one series, Hastings, Netflix’s co-founder, chairman and CEO, told CNBC’s “Squawk Alley” that he felt “our hit ratio is way too high right now. In the year since he made those remarks, Hastings has gotten his wish: 13 shows have been canceled over the course of the last 12 months.
Fidelity Investments recommends saving twice your income by the age of 35. Even some cash-strapped families have reached that goal.
Roku Inc. shares are up 4.5% in Friday trading after short sellers at Citron Research said they had changed their stance on Roku and now have a long position in the stock. "Roku is trading at the largest discount ever to over-the-top peers despite being the only OTT pure play that generates ad revenue," wrote the Citron team in a report. "With the recent surge in Netflix Inc. stock, Netflix could look towards advertising to generate new revenue and could easily acquire Roku." Citron initiated a short position in Roku in late November.
Gene Munster, Loup Ventures managing partner, and Stephanie Mehta, Fast Company editor-in-chief, discuss Netflix's market capitalization surpassing that of Disney to be the most highly valued entertainment company.