|Bid||0.00 x 1400|
|Ask||0.00 x 1000|
|Day's Range||356.12 - 364.74|
|52 Week Range||231.23 - 423.21|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||129.83|
|Earnings Date||Jul 17, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||388.62|
The latest Adam Sandler flick is smashing streaming service records. The star-studded "Murder Mystery" broke Netflix viewing records with over 30 million accounts watching it in its first three days. Yahoo Finance's Adam Shapiro and Julie Hyman discuss with the panel.
Netflix has signed a development deal with "Pose" writer-producer-director Janet Mock. In its announcement, the streamer notes that Mock is the first black transgender woman to sign an overall deal with a major studio. Mock will continue to write and direct for "Pose," while also serving as an executive producer and director on "Hollywood," an upcoming Netflix series from "Pose" co-creator Ryan Murphy.
Choosing what to watch on Netflix can be a time-consuming experience, butactually accessing the platform, and navigating your way around it, doesn'tneed to be
(Bloomberg) -- After racking up $59 billion of net debt to survive a brutal war in the world’s second-biggest phone-services market, some of India’s billionaires are bracing for more as their next battle looms: 5G.India seeks to raise $84 billion this year from a sale of airwaves -- most of it for the new technology tipped to revolutionize connectivity. That’s posing a conundrum for the carriers controlled by tycoons including Mukesh Ambani, Asia’s wealthiest man. Investment would mean more borrowings, but the reward could be revenue streams never seen before.Operators may soon decide how much more pain they can endure for a high-speed wireless network that can offer better user experience in streaming, gaming and entertainment in a market where Netflix Inc. to Amazon.com Inc. are making inroads. With applications ranging from manufacturing to education and health care, 5G could be the catalyst for India’s digital economy that has the potential to reach $1 trillion by 2025, according to a report by Deloitte.‘Competitive Parity’“Any player missing on the 5G service offering is likely to see erosion of market share,” said Alok Shende, a Mumbai-based principal analyst for telecom at Ascentius Insights. “There’s all the more case for maintaining competitive parity to remain in the game. Offering a forward path to customers is important.”Bharti Airtel Ltd. and Vodafone Idea Ltd., the two biggest carriers, didn’t respond to request for comments on their 5G plans, while Ambani’s Reliance Industries Ltd. said it won’t comment on the spectrum auction.While 5G offers potential in augmented reality, virtual reality, connected cars, autonomous drones, smart homes and cities, the real promise for a country like India lies in rural areas, said Prashant Singhal, global head of telecommunications at Ernst & Young.The technology could address some of the basic challenges due to lack of infrastructure in health care and education. For instance, an experienced surgeon in a major urban hospital can advise an in-theater doctor in a small town to perform a surgery over a real-time 5G connection or a holographic image of a teacher could be beamed to a classroom in a village, he said.Most of Asia’s largest wireless carriers are in the process testing 5G networks, with plans to introduce them commercially in 2020.World’s FirstSouth Korea’s SK Telecom Co. unveiled its 5G network for public use in April, calling it the world’s first such full commercial roll out. China issued 5G licenses to its three main operators earlier this month, raising the prospect of services starting as early as this year. India plans to deploy its own next year.The immediate challenge in India would be the investment needed for the network, which the Telecom Regulatory Authority of India estimates could be as much as $70 billion. That amount will further dent the finances of operators that are in the midst of efforts to pare debt piled over the past decade.“Spectrum pricing is too expensive in India and the telecom companies will have further stress in their balance sheets if they wish to participate in the upcoming auction,” Rajan Mathews, chief of Cellular Operators Association of India, the industry group representing the carriers, said in an interview Tuesday. “But they have an option of buying at a later date.”Deferred PurchaseIn India, successive governments running chronic budget deficits have relied on airwave auctions to replenish their coffers. If authorities don’t garner enough demand for the airwaves, they usually cut the price by as much as 40% in the subsequent round, according to Deepti Chaturvedi, an analyst at CLSA India Pvt. The preferred option may be to defer the purchase, she wrote in a note earlier this month.Despite a market with more than 1.1 billion subscribers, competition has driven data tariffs to less than a dollar for 1 GB -- the cheapest in the world. The monthly average revenue per mobile user is also among the lowest -- at about $2 -- compared with about $8 in China and at least $40 in the U.S.The environment got tougher after Ambani, 62, as part of his empire expansion, unleashed Reliance Jio Infocomm Ltd. in 2016 with free calls and even cheaper data. As a result, many incumbents retreated or merged. Reliance Communications Ltd., run by Ambani’s younger brother, is now facing bankruptcy. The consolidation has left three non-state carriers still standing, from about 10 four years ago: Jio, Bharti Airtel and Vodafone Idea.Bruised by Jio, which rolled out its network aggressively to acquire more than 300 million customers within three years, billionaire Sunil Mittal’s Bharti Airtel has run up a net debt of about $16 billion, while shoring up profits with one-time gains for at least four quarters in a row.Vodafone Idea, India’s largest carrier by users after Vodafone Group Plc’s local unit merged with tycoon Kumar Mangalam Birla’s Idea Cellular Ltd., has reported losses in every quarter since the deal was announced in 2017. Both Bharti Airtel and Vodafone Idea top the list of Asian peers with highest borrowings, according to data compiled by Bloomberg.However, unlisted Jio thrived, supported by the deep pockets of Ambani’s energy-to-retail conglomerate that has spent more than $36 billion to build the telecom unit. But the group’s net debt of almost $28 billion is also backed by cash and equivalents of $11.3 billion. In January, Ambani, said in a speech that his network is “fully 5G ready,” signaling spending will be relatively less.Globally, 5G spectrum auctions have witnessed “robust” participation, said Ernst & Young’s Singhal. Germany raised 6.55 billion euros ($7.3 billion) this month, more than the government’s highest estimate of 5 billion euros, while Italy got $7.6 billion last year, more than twice what authorities expected. If that trend is any indication, India’s auction may well turn out to be a success.“The prognosis for 5G in India is positive given the growing appetite for data, increasing digital transformation and the need to quickly adopt new technologies,” said Singhal. “It has the potential to transform lives and play a key role in socio-economic development.”\--With assistance from Santosh Kumar and Dave McCombs.To contact the reporter on this story: P R Sanjai in Mumbai at firstname.lastname@example.orgTo contact the editors responsible for this story: Sam Nagarajan at email@example.com, Bhuma ShrivastavaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Netflix said in a tweet Tuesday close to 30.9 million households tuned in to watch a New York cop (Sandler) and his wife (Anniston) being framed for murder of a European billionaire. There is no one standard definition as what counts as a "view" in the media industry, according to PopSugar. A viewer who got bored with "Murder Mystery" and didn't watch the last 30 minutes is still counted as a "view." Netflix calculates a "view" as any user who watched at least the first 70% of a program.
Following the 2019 Electronic Entertainment Expo (E3), the video game industry's biggest conference of the year, two things have become abundantly clear. Cloud gaming is the future of the gaming industry and that future is coming soon.Cloud gaming is broadly defined as the ability to stream video games through the cloud, without any chunky hardware or lengthy downloads, and play those video games on any internet-connected device, like a smart TV, computer or smartphone. It's basically Netflix (NASDAQ:NFLX), but for video games. Consumers pay a monthly fee to play video games through the cloud. And, much like Netflix uprooted traditional television due to its pricing and convenience advantages, cloud streaming services will uproot the traditional video game industry due to the same price and convenience advantages.As such, cloud gaming is inevitably the future of the gaming industry.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat future is coming soon … very soon. At E3, many of the leading players in this industry announced that their cloud gaming services would have limited roll-outs later this year, and full launches in 2020. Thus, it seems inevitable that the video game industry in the early 2020's will be one dominated by a shift from traditional video game consumption, to cloud gaming consumption. * 10 'Buy-and-Hold' Stocks to Own Forever The investment implication of that shift? Stocks on the right side of the cloud gaming shift should win big in the early 2020's. With that in mind, let's take a look at six cloud gaming stocks to buy to play this secular pivot. Alphabet (GOOG)Source: Shutterstock For all intents and purposes, it looks like internet search and cloud giant Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) has taken the lead in developing a true cloud gaming service.Alphabet first announced its cloud gaming service, dubbed Stadia, in March. At it's pre-E3 event, Alphabet divulged more details about Stadia. Broadly, there are two parts here. First, the hardware, which is just a controller to play the games. Second, the software, which is Stadia Pro and enables gamers to stream a library of video games to multiple devices. The controller costs about $70. Pro costs about $10 per month, so similar to Netflix pricing. The service presently supports about 30 games, but will grow over time. All of this is set for a limited roll-out in November 2019, and a full launch in 2020.All in all, Alphabet is set to launch its true cloud gaming service Stadia later this year. That early launch will give Stadia a first mover's advantage in this market. Further, Alphabet has a big enough data center network around the world that Stadia should be able to turn that first mover's advantage, into a long-term advantage, meaning Stadia does project as an important player in the cloud gaming world at scale.Is that a reason to buy GOOG stock? Yes. Cloud gaming will help lessen Alphabet's reliance on advertising revenues, and broaden and lengthen Alphabet's growth narrative. That will ultimately push GOOG stock higher. Microsoft (MSFT)Source: Shutterstock Right behind Alphabet in the cloud gaming world is peer global tech giant Microsoft (NASDAQ:MSFT).Microsoft just announced its Project xCloud, which is the company's cloud gaming initiative that launches in October 2019 and allows gamers to stream Xbox games across a variety of different devices. Project xCloud is different from Stadia in many ways. First, we don't have many details on xCloud. Second, xCloud is more of a cloud extension of Microsoft's Xbox console than anything else. Third, the goal of xCloud isn't to create a consolidated cloud gaming platform; rather, it's to get gamers to play Xbox games more frequently across multiple different devices.As such, xCloud in its current status will serve as a perfect cloud complement to the Xbox. Naturally, that positions xCloud to get a big early user base through current Xbox owners. Further, Microsoft has a large enough global hyper-scale data-center presence to support xCloud being arguably the best performing cloud gaming service in the world. * 7 Fantastic Fidelity Funds for a Range of Investors Will MSFT stock move higher because of xCloud? Perhaps. MSFT stock goes as its cloud businesses go and xCloud is a cloud business. Traction in xCloud could consequently excite the investor base, and push Microsoft stock higher. Apple (AAPL)Source: Shutterstock There are four big tech companies with $700 billion-plus market caps. Three of them are jumping into the cloud gaming space. We've already talked about two of them: Alphabet and Microsoft. Now, let's talk about the third -- Apple (NASDAQ:AAPL).Apple is jumping into cloud gaming with its Apple Arcade service. In short, Apple is taking all the best games in the App Store, putting them in a gaming library in the cloud, and allowing consumers to access that library for a monthly fee. That monthly fee hasn't been announced yet, but will probably wind up somewhere around $10 per month. Also, gamers can access Apple Arcade on mobile or through a computer.This is a big move for Apple. The company's bread-and-butter, the iPhone business, is running out of growth runway. Apple is rapidly pivoting into the software and services space to help offset slowing hardware growth. This pivot is working … to a degree. But, it will work a whole lot better if Apple can successfully turn Arcade into a mobile/PC gaming equivalent of Netflix.Is that possible? Sure. Apple has huge market share in smartphones and computers, and they will leverage that huge physical presence to help push their software services, which should increase adoption and help these relatively new services scale quite quickly. As Arcade does scale quickly, the Services business will get a boost, and AAPL stock will move higher. Electronic Arts (EA)Source: Shutterstock The dark horse in the cloud gaming wars is video game publisher Electronic Arts (NASDAQ:EA), which announced its cloud gaming platform Project Atlas back in 2018.Details on Project Atlas are scant, and from a media coverage and announcements perspective, it seems to have fallen behind Stadia, xCloud and Apple Arcade. Nonetheless, EA has a leg up here because it is a video game publisher that owns the content that many gamers want to play. As we've seen with Netflix and the video streaming wars, content is everything. Thus, EA comes into the cloud gaming world with a winning hand.Will that winning hand help EA create a market-leading cloud gaming platform? Perhaps. We still don't know what this market will look like in the future. But, we do know that whatever the market does end up looking like, EA will be a part of the picture, either as a cross-platform content provider, or a cloud gaming platform owner. * 7 Renewable Energy Stocks to Buy for Sunny Long-Term Returns Either way, the cloud gaming pivot is a good thing for EA. It will push revenues higher, increase revenue visibility and help expand the multiple on EA stock. All three of those things will help move EA stock higher in the long run. Advanced Micro Devices (AMD)Source: AMD The first four companies on this list were potential providers of cloud streaming service. This fifth company, however, is the chip giant that is powering those cloud streaming services behind the scenes.Advanced Micro Devices (NASDAQ:AMD) is a CPU and GPU company that services many different end markets. One of those end market is gaming. AMD does pretty well in gaming with its GPU chips. For example, the company's GPU chips have long been the fuel behind Microsoft's Xbox gaming consoles. Now, as tech giants are pivoting their gaming services to the cloud, many of them are tapping AMD to power their cloud gaming platforms, too.Namely, Microsoft's xCloud streaming service and Alphabet's Stadia streaming service will both be built on AMD GPUs. Those are the two premiere, leading cloud gaming services, and both of them are tapping AMD for their GPU power.That's impressive. If AMD can maintain this trend of being the go-to GPU power behind the cloud gaming industry, then AMD's revenues and profits will see a nice lift. That nice lift could provide an equally nice lift to AMD stock in the long run. Nvidia (NVDA)Source: Shutterstock Last, but not least, in this list of relevant cloud gaming stocks to buy is Nvidia (NASDAQ:NVDA), the chip giant that has dual exposure to the cloud gaming market.On one end, Nvidia has already built its own cloud gaming service, called GeForce Now. According to most accounts and sources, GeForce Now is probably the best cloud gaming service out there right now. But, it's limited. It focuses exclusively on computer games, and is in a beta, invite-only phase. Nvidia has not mentioned any intentions to open the floodgates for GeForce Now. As such, while Nvidia has built one of the world's best cloud computer gaming platforms, that platform isn't set for a commercial roll-out just yet.Perhaps that's because on the other end, Nvidia makes the GPU chips that are the building blocks for cloud gaming services. Nvidia has long been considered the king of the GPU market, and king of the data-center market. Naturally, that positioning makes them seem like the obvious choice to power cloud gaming platforms.Net net, Nvidia has established dominance in the markets which are the fundamental building blocks for cloud gaming. In the long run, Nvidia will either leverage that dominance to build the best game streaming platform, or be the best provider of game streaming building blocks. * 10 Tech Stocks to Buy Now for 2025 Is this a big deal for NVDA stock? Absolutely. Nvidia's long-term growth narrative is all about cloud, AI and data, and cloud gaming is a big part of that narrative. As such, cloud gaming should be one of the many reasons why NVDA stock heads higher in the long run.As of this writing, Luke Lango was long NFLX, GOOG, AAPL, EA and NVDA. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Value Stocks to Buy for the Second Half * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer * 6 Chip Stocks Staring At Big Headwinds in 2019 Compare Brokers The post 6 Cloud Gaming Stocks to Buy for 2020 and Beyond appeared first on InvestorPlace.
Though major production companies have threatened to boycott filming in Georgia, they continue to bring new blockbusters to the state.
An upbeat forecast for Netflix (NASDAQ:NFLX) has put shares happily back in the spotlight for bullish investors. But before you subscribe to this week's bid in your own trading account, use the NFLX stock price chart for a "best entry and exit nod" in a moving picture known for its upsets. Let me explain.Source: Shutterstock If you believe in the power of the 200-day simple moving average, NFLX stock was unveiling its latest gift on Friday as shares tested and finished slightly above the slithering longer-term trendline. Alternatively, the financial press' version of NFLX's 3.21% jump on Monday was attributed to a bullish analyst note from broker Piper Jaffray.Analyst Michael Owen, a long-time and well-known Netflix bull reiterated his overweight rating and above market price target of $440. Relative to the closing print of $350.62, Piper's bullish recommendation implies upside in excess of 25% over the next 12 months for NFLX stock with the price target roughly 4% above consensus forecasts of $423.28.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBehind the latest call to arms, besides likely defending NFLX stock's worst one-week decline since early May's broad-based market selloff, Mr. Owens cited upbeat search trend evidence. Using his Google-based "Netflix Search Index", the model implies the SVOD giant will easily top the company's subscriber growth data forecast domestically and internationally by a wide margin. Specifically, Owen's data points to U.S. growth of 11.7% and 45.8% overseas versus Netflix's own outlook of 8.2% and 36.5%, respectively. Netflix Stock Weekly Chart Click to EnlargeAlthough Netflix shares managed to hold the 200-day simple moving average, last Friday looked fairly ominous on the weekly chart after testing the technical patience of bulls over the past couple of months. The most recent offense saw NFLX stock pull the rug out from underneath investors as last week's price action countered the prior period's bullish engulfing candle, which had averted a near breakdown in NFLX beneath lateral support. * 10 'Buy-and-Hold' Stocks to Own Forever Now and depending on whom one asks, either the 200SMA, Piper Jaffray or a combination have come to the rescue of Netflix bulls. And early Tuesday is seeing some strong follow-through on top of Monday's gains. So, will this week's price action finally lead to a meaningful upside resolution for NFLX stock? I believe so.It's still early on the weekly time frame to know how the current five-day period is going to play out. Nevertheless, with NFLX stock reacting well off a very narrow contraction of the Bollinger Band, the lower support line curling up and shares enjoying a favorable oversold stochastics set-up, I'm a fan.For like-minded investors wanting Netflix to "show them the money" my recommendation for a best entry and exit in a moving picture known for its upsets is to buy momentum in NFLX stock through $364.50 coupled with a trailing stop of 5%. This entry is slightly above last week's open and what proved to be a trap for bulls. Now though, it's expected the bears would be at grave risk of failure and a rally will prevail if this purchase is triggered. At the same time, and if our technical assessment is wrong, this blended stop-loss strategy looks like a good way to exit without overstaying today's welcoming red carpet for bulls.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Value Stocks to Buy for the Second Half * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer * 6 Chip Stocks Staring At Big Headwinds in 2019 Compare Brokers The post Netflix Stock Is Ready to Show Bulls the Money appeared first on InvestorPlace.
In some ways, all the enthusiasm for CBD oil reminds me of one of my best early trades. Back in 2003, I was walking in New York and people were wearing True Religion jeans everywhere I went. Then I discovered they were paying $200 for them. I bought a pair for myself, and they really were nice. So after my full analysis, I went ahead and bought the stock, too, just as the brand was taking off among the 18- to 34-year-old demographic.True Religion stock was less than a dollar at that time - but when I cashed out, it had run up above $20.Great investing ideas are like that. They're often very simple and right in front of us. They pop up in our daily lives… and we hear about them from friends and neighbors. Just like when everyone stopped renting movies and started getting little red envelopes in their mailbox.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf you started using Netflix (NASDAQ:NFLX) in the mid-2000s - instead of paying all those late fees to Blockbuster - then congratulations. You uncovered a great business model! Even if you didn't invest in Netflix (or not until much later), you spotted a game-changing company in its very early days.That's what it's all about. Netflix's success is not complicated, just like Facebook (NASDAQ:FB) or Amazon (NASDAQ:AMZN). People have firsthand experience with their products and services, and use them all the time. It's the power of what you know. * 7 Value Stocks to Buy for the Second Half It's Happening Again With CBD OilJust a few months ago, I was in New York again, at one of my favorite little coffee shops. This time everyone had a drink infused with cannabidiol (CBD) oil.A few days later, my girlfriend brought home a CBD lotion. She explained how it was derived from hemp and was an anti-inflammatory, plus it has antioxidant properties, to fight signs of aging and wrinkles. Basically it's the non-psychoactive "cousin" of marijuana - but since it doesn't have tetrahydrocannabinol (THC), it doesn't get you high.I tried CBD, too, and found that it really helps me mellow out to go to sleep. I swear by it. People like Michael J. Fox and Melissa McCarthy use it, too, but it's not just celebrities. If your experience is anything like mine, your friends and loved ones are starting to talk about trying CBD oil as well. People are even using it for their pets!Whether you have tried CBD or not, millions of people have. I think you're going to like the numbers on this one. Here's the latest on the CBD craze: * CBD was a $108 million market in 2014, and by 2022, it'll ring in at $22 billion, according to projections from the Brightfield Group. That's 20,270% growth in just eight years. * Besides the little neighborhood CBD shops that are popping up everywhere, you can also now buy it at CVS and Walgreens. Clearly, CBD products are starting to enter the mainstream. * Sephora and Ulta Beauty (NASDAQ:ULTA) now carry their own CBD products. So does GNC (NYSE:GNC), and Urban Outfitters (NASDAQ:URBN) and Kroger (NYSE:KR) will sell CBD, too. * People with seizure disorders have had great success using CBD to reduce their symptoms. That was how my favorite CBD stock got its start. * A lot of folks are using it to help manage pain, anxiety, depression, and sleep disorders, too. In fact, in one survey from the National Institutes of Health (NIH), about 36% of CBD users found that it was managing their condition "very well by itself." * The implications for CBD fighting the opioid crisis are huge. In a study published in the American Journal of Psychiatry in May, doctors administered CBD to people in recovery from heroin addiction. They found that CBD "significantly reduced both craving and anxiety," with "no significant effects on cognition, and there were no serious adverse effects."The companies providing all this CBD are raking it in - doubling their revenues over the past 12 months. But seeing as hemp-derived CBD just became legal six months ago, there's a lot more to come, especially given the sharp growth trajectory we saw earlier.All from just those little bottles of hemp oil at the drugstore and beauty shop!It reminds me of a famous story I heard on Wall Street. Peter Lynch, a legendary investor, once ran one of the top-performing mutual funds of all time: Fidelity's Magellan fund. Among his biggest winners was Dunkin' Donuts (NASDAQ:DNKN). Apparently he bought it because he liked the coffee - and it ended up being a 10-bagger.Then there's Bill Gates. He once tried fake chicken at a taco truck - it was made out of pea protein, but he couldn't tell the difference from the real thing. His investment in Beyond Meats (NASDAQ:BYND) has paid off handsomely after the company just had one of the best IPOs of the year.That's the "power of what you know."And now I think CBD could be your "power of what you know" moment. CBD Early Investor's KitNow is the time to invest while the stocks are still small. And small companies are the job creators. The innovators. Invest in a high-quality business model in its early days - and once it takes off… that's how fortunes are made.I believe in this opportunity, so this week I'll be sharing a series of articles to help you truly "know" about it.I've also been working with my publisher to put together a complete CBD Early Investor's Kit. We've got enough for the first 4,000 respondents, and here's what you get: * The 1 CBD Stock in the World. One little company has been eating up much of the U.S. market share in CBD, because it can produce a higher-quality product - and lots of it. I've got a whole investment guide to fill you in before the crowd catches on. * Three More CBD Stocks to Fatten Your Wallet. These other CBD stocks are quietly doubling revenues, tempting away top executives from household brands, and striking sweet deals on new product lines. You'll see their names, ticker symbols, and buy-under prices in my full report. * Plus, to help you really get to know the product, you'll also get a 15-day supply of high-grade CBD from CannaComplete. If you're like me, you like to see what all the fuss is about firsthand. That's why, on my recent trip, I went to the "Starbucks of China." I wasn't impressed with that but I do understand the CBD craze, now that I've taken part. There's a lot of weird rumors about CBD, from haters and fanatics. Now you can see the real deal for yourself.Those of us who have tried CBD know that its appeal is simple and straightforward. Just like with Netflix and Facebook - or with True Religion, back in the day - that's what makes it powerful.As investors, there are plenty of avenues we can take to cash in on the CBD craze. Click here for more details and to claim one of these research packages now.Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Value Stocks to Buy for the Second Half * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer * 6 Chip Stocks Staring At Big Headwinds in 2019 Compare Brokers The post CBD Oil: The True Power of a Consumer Craze appeared first on InvestorPlace.
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.
Investors in Walt Disney (NYSE:DIS) have to be smiling these days. Shares of Disney stock have surged nearly 30% year-to-date and are up more than 70% over the last five years.Source: Disney That return has allowed Disney to beat the broader market and nearly all its peers in the media/entertainment sector. From rising park attendance to plenty of blockbuster hits, all is sunshine for the House of Mouse these days.But apparently, all is too well for DIS.InvestorPlace - Stock Market News, Stock Advice & Trading TipsDisney recently received a very rare analyst downgrade. This is only the second time in more than a year that someone thought that it wasn't worth buying. While some of the analyst concerns do make sense, the reality is, Disney has plenty of growth still left in the tank and shares could run even further in near-to-medium turn. * 5 Stocks to Buy for $20 or Less The Disney Stock DowngradeDisney normally doesn't get hit with much negative attention. Sure, there were issues with ESPN and cord cutting a few years ago, but the firm continues to plow ahead with a variety of revenue-generating ideas that seem to be working. As a result, investors tend to think of Disney in a positive fashion.DIS stock currently features 14 "buy" ratings and only four "hold" ratings. So, when Imperial Capital downgraded DIS stock to essentially a "hold" rating, many market participants were perplexed and caused the stock to sink more than 1% on the day.The reason for Imperial's downgrade of DIS comes down to future growth expectations.According to analyst David Miller, Disney stock is now trading at record levels relative to projected 2021 per-share earnings. Miller's report highlights that DIS never trades at more than an 18x forward P/E.However, according to his model for earnings, the House of Mouse now trades at a 21.7 forward P/E for 2020 and 19.3 forward P/E for 2021. As a result, Imperial sees limited potential for gains in DIS stock and is already so close its $147 per share price target. Growth and Disney StockImperial's concerns do seem valid on the surface. Disney has surged big on many its recent wins and investors may already be pricing in a lot of growth. But they also could be pricing in not enough growth as well. That growth comes from three main points.For one thing, Disney+ is going to be a sheer monster for the company. It's no secret that the streaming wars are heating up and DIS is truly going to rule the roost. While hits like the Game of Thrones tend to make the news, the reality is that kids movies and T.V. shows tend to make up the most streaming viewership, and no one does kid's entertainment like Disney.The announcement for its streaming service will feature its animated classics, the complete Lucasfilm, Marvel and Pixar movie libraries as plenty of its original programming content from the Disney Channel. Moreover, Disney+ will feature plenty of new original kids and tween shows.As Disney starts to pull its shows and movies off of other services, parents everywhere will start pulling their hair and give into Disney+. Analysts at Morgan Stanley now predict that DIS will see more than 133.3 million paid subscriber services by fiscal 2024. That gives it a faster growth rate than Netflix (NASDAQ:NFLX).However, we could see faster growth rates than that and hit those big numbers earlier. That's because Disney's is planning on offering bundles of Disney+, ESPN+ and Hulu services for about $2 less per month than NFLX. This should help pull customers from the rival service- especially when you get your kid access to Hanna Montana and Star Wars.Speaking of Star Wars, DIS is effectively milking that franchise for all its worth. This includes its immersive Galaxy Edge land in Disneyland. Already, the world is a big hit and consumers continue to fork over some big cash to buy custom lightsabers, their own droids and drink plenty of high-end cocktails. In essence, the real people DIS is courting are adults. And it's working so well, there's no reason why they can't replicate the land in its other parks.Finally, Disney has a massive slate of movies hitting screens in the near to medium-term. Top franchises from Marvel, live-action adoptions of former animated hits and several new films from its now owned Fox studios could bear plenty of blockbuster fruit. And if you want to see these films outside the theater, you'll have to subscribe to Disney+. Disney Stock Could Hit $200In the end, Disney still has a lot of growth potential in its hands. A lot has been priced in for Disney+, but here the firm has plenty of levers to pull in order to grow subscriber growth faster than expected. Bundling will work to pull over more viewers from rivals. Meanwhile, park attendance and higher-end experiences are courting more adults to spend big time. Adding its film potential and you have a recipe for success.When you finally add in Disney's lucrative buyback programs you start to see a much brighter picture for DIS stock over the long haul. With that, there's no reason why Disney stock couldn't hit $160 or even $200 a share over the next couple of years.In the end, the House of Mouse continues to win and win big. That'll drive multiple expansion over the long haul.Disclosure: At the time of writing, Aaron Levitt did not hold a position in any stock mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Value Stocks to Buy for the Second Half * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer * 6 Chip Stocks Staring At Big Headwinds in 2019 Compare Brokers The post Ignore the Recent Downgrade, Disney Stock Is a Big-Time Buy appeared first on InvestorPlace.
Disney is a stock that Wall Street is laser-focused on as the entertainment powerhouse prepares to launch its streaming TV platform in the fall. So is it time to buy DIS stock at new highs?
While Netflix stock struggles to retake its 50-day line, Disney stock is testing a buy point after launching "Star Wars" land and detailing Disney+.
Walt Disney is seeing stronger interest for its upcoming Disney+ streaming service than expected, a poll shows.
There's no denying telecom giant AT&T (NYSE:T) has painted itself into a corner on the television front. But the owners of T stock can at least cheer the fact that, if nothing else, AT&T's video business should start to deliver better profit margins beginning next year.Source: Shutterstock That's coming at a price, of course. Subscribers of DirecTV Now , a streaming version of the satellite TV service, are cancelling in droves. Over the course of the past two reported quarters, the company has lost 1.3 million video customers. About 350,000 of those former subscribers unwilling to pay the recently-upped rates. AT&T's upcoming introduction of a Time Warner-streaming product may only fuel more DirecTV cancellations. * 5 Stocks to Buy for $20 or Less Whatever's in the cards, however, it's quite clear that AT&T CEO Randall Stephenson is finally willing to swallow the much-needed bitter pill.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Dropping Dead WeightAT&T once assumed that using loss-leader cable-television packages to attract consumers into its ecosystem would ultimately position the company to cross-sell those customers more profitable products like broadband service and even wireless service.That's not how things panned out, though. Often sold at a promotional price point that was likely to be less than AT&T's procurement costs, the DirecTV experiment that began back in 2015 never turned into the cash cow (or even the marketing hook) it was supposed to be.A little company called Netflix (NASDAQ:NFLX) played a role in that disappointment as well.And, while what the future holds still isn't entirely clear now that Time Warner is part of the AT&T family, the owners of T stock can count on the future not looking like the past. Stephenson, AT&T's CEO, explained the situation at an investor conference hosted by JP Morgan last month:"This is going to be a year of just cleaning up the video business. And we've been hard at work on content agreements and getting content agreements done in a way that gives us sustainability and profitability in this business. But the other element to give you sustainable profitability is cleaning up the customer base. Because we have a number of customers on our rolls that are very low-ARPU (average revenue per user) customers and we don't see any line of sight to getting them to a profitable level. And so as these customers' contracts or whatnot are coming up, there are many who are opting to just leave…"Those lower ARPU customers aren't entirely gone, though. Analysts and investors alike are anticipating another net loss of DirecTV customers for the current quarter.But that may actually help T stock The Price War Is Cooling OffSending any customer into a rival's arms feels like a step in the wrong direction,. But there's a growing realization among most industry players tha any sort of video package has to be profitable on its own.MultiChannel News' Daniel Frankel noted in March that "The new normal (price) for (subscription TV providers) is about to be at least $50 a month."That jibes with the $50 to $60 price range AT&T's Stephenson suggested felt right in December. While that's still more than Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) charges per month for access to a cable alternative called YouTube TV, YouTube TV is also believed to be losing money. Hulu, mostly owned by Walt Disney (NYSE:DIS), asks $45 per month for access to live broadcasts, but it, too, remains unprofitable largely because of the steep expenses associated with live television. But archived, on-demand content is relatively cheap.It wouldn't be unreasonable to expect rival subscription TV players to also start ratcheting their rates up now that there's no "early market share" to secure.As for a non-broadcast streaming service from T, the planned platform from Time Warner will handle those duties.The hinted monthly price of between $16 and $17 per month for the Time Warner offering would make AT&T's option pricier than Netflix's basic package. In fact, at that price point, AT&T's service would be among the most expensive online, on-demand options. It would be an incredibly robust offering though, so it would have a chance to draw a big enough crowd to enable it to actually operate in the black.The typical on-demand price point for online video also seems to be stabilizing somewhere between $12 and $20 for a reason. That's where companies can have a shot at operating in the black but still remain competitive. The Bottom Line on T StockAT&T's television business is still a moving target. Odds are good that the company will continue to bleed TV customers through the end of the year, as the lower-ARPU crowd balks at price increases and finds other options. And, with the Time Warner service not expected to come online until late this year or early next year, the remainder of 2019 could prove frustrating for the owners of AT&T stock.Don't sweat it though. These are growing pains that represents progress along the learning curve. Sustainability is finally becoming a reality, although it's out of necessity.AT&T's rivals are even starting to embrace this reality too, as are investors in T stock who would now rather see healthier profit margins than big-time revenue. That's especially true, given the company's plans this year to pay down the lion's share of the $40 billion worth of debt it took on in order to complete the Time Warner acquisition.Just don't be surprised if the transition proves to be an erratic one for AT&T stock price.As of this writing, James Brumley held a long position in AT&T. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Red-Hot IPO Stocks to Buy for the Long Run * 5 Stocks to Buy for $20 or Less * 4 Dow Jones Stocks Ready to Rise Compare Brokers The post AT&T Stock's TV-Driven Turbulence Will Be Worth It appeared first on InvestorPlace.
It's not difficult to use Amazon.com (NASDAQ:AMZN) as a proverbial punching bag. Not only does the internet behemoth pay practically nothing in corporate income taxes, but with Amazon stock at its current price, CEO Jeff Bezos is the world's wealthiest man. Such a high profile keeps everything he and his company does under constant scrutiny.Source: Shutterstock The world has not been shy about doing so either, consistently pointing out how little the big company hands over to the IRS in any given year. Presidential candidate Joe Biden was the most recent to chime in, echoing similar sentiments served up by fellow Democrats Bernie Sanders and Alexandria Ocasio-Cortez.It's been straw man for years though.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhatever the history of the criticism, as is so often the case in the game of political rhetoric, inconvenient details are omitted as needed. The reality is Amazon pays every penny of taxes it owes.And, perhaps more prescient to current and prospective owners of Amazon stock, there's going to come a point in time when the company is forced to pay a tax bill that looks a little more like those paid by comparable corporations. Every Penny OwedLast year's tax bill? Nada. Zip. In fact, Amazon received a refund of $129 million despite a pretax profit of $10.8 billion. That was only a little less than its 2017 refund, when it booked a pretax profit of $5.4 billion. * 5 Stocks to Buy for $20 or Less Investors need to be careful about lumping all tax liabilities into one aggregate sum though. While it's true that Amazon hasn't paid any Federal income tax since 2016 (and even before then paid very little), there is more to a corporate tax liability than just Federal taxes on profits. The frustration is ultimately rooted in deductions that have been reducing corporate tax liabilities since well before President Donald Trump's business-friendly tax code overhaul went into effect in 2017. Namely, the company's investments in research and development (R&D), its investment in property and equipment, and the cost of shares granted to employees as part of compensation packages all whittle down Amazon's tax liability in any given year. In most cases, that spending pares back tax bills on a dollar-for-dollar basis.For 2018, R&D spending shaved $419 million from its tax liability. Stock-based compensation took it down another $1.1 billion.Then there's the historical losses being carried forward to offset future profits.Although with a different schedule, as is the case for personal income taxes, losses that would exceed maximums permitted in any given year can be saved and then applied in later years, until fully extinguished.Amazon.com operated in the red for years since its inception in 1994, only turning a reliably recurring profit after 2014. There are still past losses on the books that will be used to offset future earnings' incurred taxes. With profits now the new norm, Amazon is using up the remainder of those past losses at a healthy clip.Most important: Amazon has, to the best of its ability, remained 100% compliant with U.S. and state tax laws, paying every penny it owes even if not one cent more. The Rest of the Story for AMZNTo that end, it's unfair to acknowledge-but-excuse Amazon's modest tax burden without pointing out a bigger-picture upside. That is, while Amazon may owe little to no taxes in any given year, it's still responsible for facilitating an enormous degree of tax revenue that might never take shape if the company didn't exist.Case in point: Amazon turned over $1.18 billion worth of state, local, and international tax receipts to the appropriate entities in 2018.Perhaps the most relevant but most overlooked nuance of Amazon's tax-revenue driving capacity is the write-down of its stock-based compensation plan. While the program reduces income that would otherwise be taxed at a maximum of 21%, it's passed along to high-earning employees who may pay a marginal rate of as much as 37% on the entire amount of Amazon stock granted them.In a sense, by paying less in corporate income tax, it's possible Amazon is generating even more tax revenue than it would by spurring greater personal income tax receipts.Less directly, the tax-reducing spending on research and property -- an option offered to all corporations -- helps create jobs that spur more tax collection. That's why such spending is incentivized. Bottom Line for Amazon StockFor the record, it's not just Amazon that hasn't paid Federal income tax. General Motors (NYSE:GM), Netflix (NASDAQ:NFLX), Southwest Airlines (NYSE:LUV) and a whole slew of other major corporations have sidestepped at least one year's worth of tax liability of late; many have sidestepped a tax bill more than once.Amazon has proven to be the poster child for the problem, however, by virtue of being the most pervasive brand name among the major offenders. The fact that it has been accused of underpaying and overworking many of its employees hasn't helped keep the public's eye off of the organization.While Amazon stock owners are enjoying the limited amount of taxes the company has been paying, it is not a situation that will last indefinitely. Sooner or later the carry-forward losses will be used up.In the meantime, to continue the growth-investment-oriented tax breaks, Amazon.com has to continue capital spending rather than passing income along to shareholders. Eventually the company may run out of things worth buying for the purpose of driving growth. Most of those funds would, for most other outfits, be passed along directly to shareholders. That's no small trade-off.Stock-based compensation also proves dilutive to existing shareholders.Amazon may not be paying Federal income taxes, but that advantage is still coming at a price, of sorts.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Red-Hot IPO Stocks to Buy for the Long Run * 5 Stocks to Buy for $20 or Less * 4 Dow Jones Stocks Ready to Rise Compare Brokers The post Here's How Amazon Stock Pays Practically Nothing in Taxes appeared first on InvestorPlace.
The new WarnerMedia entertainment boss threw some shade at Netflix's inordinate volume of content, which he argued sometimes comes at the expense of quality.