|Bid||298.20 x 1100|
|Ask||298.35 x 800|
|Day's Range||297.25 - 301.80|
|52 Week Range||231.23 - 385.99|
|Beta (5Y Monthly)||1.30|
|PE Ratio (TTM)||95.64|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included the electric vehicle leader and the result of a re-merger. Bearish calls also included entertainment ...
This weekend's Barron's cover story looks at what's ahead for the markets in 2020. Other featured articles offer 10 best picks for 2020 and take a second look at "buy low, sell high." Also, the ...
Using Nvidia, Netflix and Facebook, see timely tips on investing in stocks hidden within the holiday classics featuring Rudolph, Frosty and Scrooge.
Netflix Inc. historically has been averse to advertisements, but the changing competitive landscape in streaming likely warrants a change in strategy, according to an analyst.
DEEP DIVE As we approach the end of 2019, it’s time not only for year-end lists, but end-of-decade lists. U.S. stocks have had what can only be called an excellent decade. MarketWatch will feature a number of forward-looking articles building on the past decade’s action.
For the fiscal year ended in September, operating income for parks, experiences, and products, as Disney calls the unit, rose 11%, to $6.76 billion. Wall Street expects income for the unit to approach $10 billion by the company’s fiscal year through September 2024.
When it comes to the biotech market, it's not easy to show consistently strong gains. But Amarin's (NASDAQ:AMRN) shareholders have come to expect a certain level of outperformance.Source: Pavel Kapysh / Shutterstock.com Just look at the average daily return for the past five years: a sizzling 84%! To put this in perspective, Netflix (NASDAQ:NFLX) has gained 44% and Facebook (NASDAQ:FB) has returned 20% during the same period.Despite all this, Amarin is not necessarily well-known. However, it definitely has an innovative team that has focused on lipid science for drug development.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis is key to Amarin's success. Its lead drug, Vascepa, is a runaway success for the biotech firm. That said, it's not without its share of risk. Vascepa Is Huge for AmarinVascepa, which is targeted for patients with high levels of triglyceride, is currently sold in the U.S., Lebanon and the United Arab Emirates. As expected, Amarin is looking to expand into other markets, including China, Canada and the Middle East.Sure, as critics have pointed out, Amarin is a one-product company that faces fierce competition, such as from GlaxoSmithKline (NYSE:GSK). Also, it looks like AstraZeneca (NYSE:AZN) will make a play for the category. While it's true that there are notable risks, the market opportunity is enormous. This means there is plenty of room for multiple players. * These 7 S&P 500 Stocks Will Deliver a Repeat Performance in the Next Decade Amarin also has the benefit of being a specialist and a long-term operator in the market. In fact, this has led to perhaps an even bigger opportunity for the company. Recent Decision May Help Amarin's CaseKeep in mind that Vascepa has shown positive results in safely lessening cardiovascular disease that goes beyond cholesterol. This is according to two landmark studies during the past couple years. And if the FDA approves to expand it -- which is expected in late December -- then it could be a gamechanger. The drug would truly be unique, and it could also represent multi-billion-dollar potential in annual revenues.Consider that in mid-November the Endocrinologic and Metabolic Drugs Advisory Committee (EMDAC) of the U.S. FDA voted unanimously to recommend the expanded use of Vascepa. It is true that this may not a binding decision, but it carries a lot of weight.Here's what Dr. Deepak Bhatt, an executive director of the Interventional Cardiovascular Programs at Brigham and Women's Hospital Heart and Vascular Center, had to say:"The REDUCE-IT results are quite remarkable and illustrate how icosapent ethyl could transform the treatment of cardiovascular disease in the United States and worldwide. From my perspective as not only a researcher but also a practicing physician, icosapent ethyl represents one of the most important developments in the prevention and treatment of cardiovascular disease since statins and, if FDA approved, will be a critical tool for physicians to use to help prevent cardiovascular events such as heart attack and stroke, including fatal ones, in high-risk patients." Amarin Growth RampEven without the expanded use for Vascepa, Amarin has demonstrated an ability to scale its business. During the latest quarter, total revenue soared to $112.4 million -- a 103% increase year-over-year.A large increase in the number of new prescriptions of Vascepa is what drove this growth, including a rise in the average prescriptions per prescriber. Additionally, the company has also shown progress with its sales organization, which has seen faster-than-expected productivity from new reps.With that said, Amarin is planning to double its sales force at the beginning of 2020.Collectively, the new use of Vascepa is key as cardiovascular disease is the No. 1 killer in the U.S. with over 800,000 deaths per year . So while there are some risks, Amarin is likely to see much growth for years to come.Tom Taulli is the author of the book, Artificial Intelligence Basics: A Non-Technical Introduction. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * These 7 S&P 500 Stocks Will Deliver a Repeat Performance in the Next Decade * 7 Tech Stocks to Stuff Your Stocking With * 7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020 The post Amarin Has the Makings for a Gamechanging Product appeared first on InvestorPlace.
Notable Netflix Inc (NASDAQ: NFLX) analyst Laura Martin said in a Tuesday note to clients the streaming media giant could lose 4 million subscribers in the U.S. in 2020. The Needham analyst defended her thesis in a Fox Business interview Thursday and said it's a matter of basic economics. Why Pay More? Netflix's competitors offer streaming packages in the $5 to $7 range, and if Netflix doesn't follow suit, millions of consumers will stop paying twice as much in favor of the cheaper option, Martin said.
iQiyi (NASDAQ:IQ) stock was sold to retail investors as "the Netflix (NASDAQ:NFLX) of China." Of course, that drummed up some pretty serious demand, with IQ stock running from about $15 in April 2018 to more than $45 in less than two months.Source: Shutterstock Since that blow-off top though, iQiyi stock has been in the doldrums. Of course, being sold as "the NFLX of China" doesn't help when Netflix stock is struggling as well. * These 7 S&P 500 Stocks Will Deliver a Repeat Performance in the Next Decade In any regard, IQ stock is more like a blend between Netflix and Google's (NASDAQ:GOOG, NASDAQ:GOOGL) YouTube. And it does operate in China, which is a huge advantage, considering many platforms -- YouTube and Netflix included -- are banned from the country.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's not hard to see that iQiyi has a huge opportunity in front of it. With China's population nearing 1.4 billion and with more than 800 million internet users, it's no secret that streaming video should be a lucrative spot.So why is the NFLX and YouTube of China doing so poorly? Shouldn't IQ stock be riding high? Click to Enlarge Source: Chart courtesy of Statista. What's Up With iQiyiThere have been a few problems with iQiyi stock since it came public in Q2 2018. First, the company loses plenty of money. In the seven quarters that it has reported as a public entity, IQ has missed profit estimates in six of those events.For the record, it missed revenue estimates for three of those seven quarters, although it has now beat estimates four quarters in a row. Still, the company's inability to control spending and report better-than-expected bottom-line figures has investors frustrated and concerned.While the numbers should play the only role, my personal opinion is that geography has played a large role in the fate of IQ stock as well. It doesn't help that there's an ongoing trade-war saga between the U.S. and China. But even worse is that most, if not almost all U.S. investors are unfamiliar with iQiyi's platform.How many U.S. investors have actually used it? Now compare that to Netflix or YouTube and it's hard to say that IQ -- net losses or not -- commands the same valuation as some of its U.S. counterparts.That's not a knock on the American investor, it's just an observation. It's one that makes sense, too. People invest in what they know, and if they don't know iQiyi, they're less likely to buy IQ stock.To overpower that lack of interest, IQ needs to be better about cost control. It's not as if it's profitable and missing estimates -- it's unprofitable and missing expectations. The cash burn is quite concerning, and while user growth is still strong (+31% last quarter), revenue grew just 6.5% year-over-year.A lack of investor awareness and a trade war don't help, but cutting costs and reducing cash burn would help significantly. Trading IQ Stock Click to Enlarge Source: Chart courtesy of StockCharts.comShould iQiyi stock start to turn the corner by improving revenue growth and reducing its losses, the stock price could take off. Already we're seeing an improvement in IQ stock.As you can see on the daily chart, iQiyi stock has struggled with the 200-day moving average. This metric has been resistance for many months, weighing on IQ each time it rallies. However, on Friday Dec. 6, the stock rallied through and closed above this mark.It was a significant development, and while IQ stock has declined in the two days since, it has closed above the 200-day moving average in both sessions. I'm not sure it will hold, but the development has been promising for bulls.On the plus side, uptrend support (purple line) and the 20-day moving average have been guiding IQ stock higher. Should they fail as support, it could send iQiyi stock down to the 50-day moving average. However, if they continue to act as support, look to see if IQ stock can keep above the 200-day moving average and the 38.2% retracement just under $20. Above both levels may mark a turning point for the iQiyi stock price.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long GOOGL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * These 7 S&P 500 Stocks Will Deliver a Repeat Performance in the Next Decade * 7 Tech Stocks to Stuff Your Stocking With * 7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020 The post Is iQiyi Stock a Breakout Buy Right Now? appeared first on InvestorPlace.
We found three cloud-focused software stocks using our Zacks Stock Screener that investors might want to consider buying for 2020...
(Bloomberg) -- YouTube has signed up more than 800,000 subscribers for its paid services in India since debuting in March, according to people familiar with the matter, vaulting it past some competitors in one of the world’s fastest-growing media markets.The services have been growing faster than rival paid music offerings in India, including Spotify and local players Gaana and JioSaavn, according to the people, who asked not to be identified because the subscriber data hasn’t been released. Apple Music also competes in the market, but it’s been tight-lipped about its subscriber figures.Gaana, owned by Times Internet, has more than 1 million paid subscribers, according to a representative. But it’s been around for almost a decade and has more than 125 million monthly users, who mostly use the free version of the service.YouTube has long struggled to to gets users to pay for its services, especially since the company’s main website is synonymous with free videos. But the Google division has started to gain traction, and the numbers out of India suggest it’s having particular success in the world’s second-most-populous country.YouTube sells two paid services in India: YouTube Music Premium and YouTube Premium. The music service offers a library of songs on-demand, much like Spotify, as well as the ability to download tracks, listen to music without ads and play tunes while using other apps. YouTube Premium offers the traditional YouTube video service without ads -- and the ability to play clips offline. But music is the driving force behind YouTube’s appeal, especially in India.Bhushan Kumar, the Bollywood Boss Behind YouTube’s Top ChannelThe country has emerged as a battleground for online music services, which are eager to sign up users in a country with more than 1.3 billion people. Unlike China, where online media services are tightly controlled by the government, India offers a similarly massive population without the same level of regulation.Western companies such as Apple Music, Spotify and YouTube compete with local services, and will soon contend with Resso, a platform from Chinese tech giant ByteDance.ByteDance is testing Resso in India and Indonesia before rolling out a paid version of the app next year. ByteDance’s short-form video app TikTok has more than 200 million users in India, enough to be a real challenger to YouTube and Instagram.Major PresenceBut YouTube already has a big presence in India, giving it an edge as it tries to get subscribers to pay fees. More than 265 million people use the free YouTube service in the country, making it YouTube’s largest market. India is also home to the channel with the most subscribers, T-Series, the country’s largest record label. Google has plowed resources into India in its bid to find new internet users and markets.The growth is also notable because India isn’t typically hospitable to paid services. The country is one of the poorer major economies, making its average citizen very sensitive to price. The leading free music services, Gaana and JioSaavn, have tens of millions of users, but few paying subscribers.Representatives for Gaana and JioSaavn didn’t immediately respond to emails seeking comment.Netflix Inc., the world’s most popular paid online video service, has had to cut its price to compete in the country. It introduced a cheaper, mobile-only plan in India earlier this year and said this week it’s testing other pricing models.Netflix Is Spending $420 Million on Indian Content, CEO SaysYouTube has convinced people to pay by selling its service at a low price -- less than $2 a month -- and offering special features to subscribers. People who want to listen to music while not actively using the app -- a popular feature known as background listening -- must pay for it. The other apps offer background listening for free.Spotify has said that its Indian service has outperformed its expectations so far, though most of its growth has been from users of its free service.(Updates with Gaana subscriber figures in third paragraph.)\--With assistance from Ragini Saxena.To contact the reporter on this story: Lucas Shaw in Los Angeles at email@example.comTo contact the editors responsible for this story: Nick Turner at firstname.lastname@example.org, Dave McCombsFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Peloton (NASDAQ:PTON) bulls are sweating the weight of bearish headlines this week. But does today's pullback present a healthier entry into PTON stock or should investors be running scared? Let's take a look at what's happening both off and on the price chart to reach a stronger risk-adjusted determination.Source: Sundry Photography / Shutterstock.com If you're wondering what's going to be under the Christmas tree this year, it could be a Peloton fitness bike if we're to believe the company's holiday ad campaign. But don't buy everything the ad is selling or you may find yourself sleeping on the couch.In a nutshell, PTON stock's television spot has received a good deal of criticism tied to its sexism and antiquated spousal relationships. The ad has even enjoyed a subtle poke in the eye from Ryan Reynolds' Aviator Gin. The upstart beverage company spoofed the commercial with its own video using the same lead actress, while spending time with friends away from her bike and husband.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPeloton's ad campaign helped promote a bit of backlash on the part of investors. But, given how poorly bad press like this has impacted other companies longer term, PTON stock bulls are probably done sweating that issue. But that's not PTON stock's only problem. * The 10 Worst Dividend Stocks of the Decade Already a name sporting its share of skeptics such as InvestorPlace's Dana Blankenhorn, PTON stock has come under pressure this week following well-followed short-selling outfit Citron Research's bearish call on the exercise equipment manufacturer. The firm issued a sell recommendation and price target of $5.00 on shares during Tuesday's session.Citron likens PTON to other familiar and once-prized discretionary consumer outfits Fitbit (NYSE:FIT) and GoPro (NASDAQ:GPRO). Both names of course went from red hot-to-not as overzealous expectations got trampled by fundamentally flawed realities. Backing the short-seller's outlook are doubts over Peloton's digital strategy, which it sees as unsound and uninspired hardware differentiation to fend off competition.The firm's front-man Andrew Left does make a nice case for sounding the alarm bell on PTON. But after two sessions of reactionary selling, I'd suggest using the price chart to set future mindful warnings. Moreover, I'd recommend investors be prepared to ride PTON stock higher first. PTON Stock Daily Price Chart Source: Charts by TradingViewThere's no guarantees Peloton shares will go on to be the next Amazon (NASDAQ:AMZN) or Netflix (NASDAQ:NFLX). In fact, I'd strongly warn against that kind of optimism. But it would be wrong to ignore a technically strong PTON stock, which has been making all the right moves for bulls.A first-stage cup breakout last month went on to provide gains of as much as 25% in just over three weeks. And despite this week's losses, shares of Peloton remain in constructive shape. Currently, PTON stock is finding support above former pattern resistance in a bullish hammer pattern. PTON Stock StrategyI'd recommend buying PTON stock above $33.50. This entry provides evidence a bottoming candle within the trend that is in place. It also waits for a small bit of price momentum as shares will need to reclaim this week's opening price before making a purchase.I'd set an initial price target of $40 on Peloton shares. The momentum crowd could easily make a new leg to fresh highs in shares, so there's no reason to be too overly defensive just yet. Aside from a nice round number, $40 is also where Fibonacci resistance comes into play within a mirror move pattern. If this plays out leg "AB" will eventually be matched by an identical price move from leg "CD." * 7 Earnings Reports to Watch Next Week If PTON stock can really get ahead of itself like GPRO stock did, a move through the 100% completion level or even $50 a share is when PTON might become a more interesting short candidate.In the event new highs aren't reached, I would advise bullish investors to act on Citron's warning. Given this strategy's entry requirements, I'd set a stop-loss beneath $31. Bottom-line, this exit minimizes exposure on signs of technical weakness within PTON's volatile framework. It also smartly avoids unnecessary, but possibly real panic sweating down the road.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in 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 market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * These 7 S&P 500 Stocks Will Deliver a Repeat Performance in the Next Decade * 7 Tech Stocks to Stuff Your Stocking With * 7 Sinfully Good Casino Stocks That Could Win the Jackpot in 2020 The post This Is Why Peloton Stock Remains a Buy appeared first on InvestorPlace.
Considering he goes around killing monsters on request, the improbably chiselled and gruff Geralt of Rivia (Henry Cavill) gets no thanks. With its medieval stylings, sprawling narrative and liberal dusting of magic, Netflix’s The Witcher is presumably intended to fill the Game of Thrones-sized hole in viewers’ lives. The Witcher himself has a basic ethical code: don’t hit women.
Shares of Amazon (AMZN) have slipped 6% in the past six months, while the S&P 500 climbed 9%. So when will Wall Street and investors start to think about buying Amazon stock again?
Roku (NASDAQ:ROKU) has always tried to play a neutral role among a host of empires. The streaming-stick provider sells itself as a Switzerland of streaming, offering whatever you want to watch and adding its own ad-supported streaming service free to the bundle.Source: JHVEPhoto / Shutterstock.com But as "World War Streaming" heats up, this isn't good enough for the big boys. They don't want Roku to talk, they want it to die. Before anyone thinks of bidding for the prize, they want to knock it down and see if it bounces back.So far, it has bounced back. The stock fell from nearly $170 per share to just over $100 during September, then from $148 to $120 in November. But, it opened for trade Dec. 12 at $144.73, with a market capitalization of $16.4 billion on trailing-year revenue of under $1 billion.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Subscriber Numbers CountFor investors, Roku has always been a game of Whose Line is it Anyway, the old game show. Everything's improvised and the numbers don't count.That's because, while Roku is a piece of technology, it's a very cheap one. Streaming dongles cost just $25 or so each. For Roku the key metrics have not been stick sales, but the number of accounts and platform revenue. In the third quarter these came in at 32.3 million and $179.3 million. The latter grew 79% from the previous year. * The 10 Worst Dividend Stocks of the Decade By comparison, Netflix (NASDAQ:NFLX) had 60.6 million paying U.S. members at the end of the third quarter. Amazon (NASDAQ:AMZN) has more than 100 million on its Prime plan, but that's free shipping, not just TV. Cloud companies like Amazon are unlikely bidders, because like Apple (NASDAQ:AAPL), they can build a Roku and its market share. Amazon already has.For all their bluster, AT&T (NYSE:T), Comcast (NASDAQ:CMCSA) and Disney (NYSE:DIS) are so far behind Roku and Netflix as to be out of sight. Disney bragged last month of having 10 million members, after putting Disney+ on sale at $6, and making it part of a bundle with Hulu and ESPN+ at Netflix's price. AT&T's HBO Now has 5 million subscribers. Comcast has yet to launch its free "Peacock" network to its cable subscribers. Who Might BidWhat Roku offers an acquirer is that 30 million membership figure, plus distribution in TV sets by Walmart (NYSE:WMT) and others. Walmart itself shouldn't be discounted as a possible buyer. Its Vudu service has yet to take flight -- it's been negotiating with other services to broker memberships.For any of these big players, Roku would be seat-cushion money at its current market cap. The only big streamer whose value puts it out of the running is ViacomCBS (NASDAQ:VIAC), with a market cap of $23.4 billion. Netflix is worth $130 billion, Comcast $190 billion, AT&T $280 billion and Walmart $339 billion.Roku has never put itself up for auction, but over 60% of the stock is held by institutions. The Bottom Line on RokuThe question, for an investor, becomes one of timing. When do you want to get in, how much loss do you wish to risk and what do you think the winning bid might be? Roku continues to act like a bid is not happening, recently paying $150 million for Dataxu, an advertising sales platform. But that just makes it more attractive.When Roku next reports earnings, analysts expect a loss of 14 cents per share on revenue of $391 million. That would be a doubling of the third quarter's revenue, because heavy sales of Roku-equipped TVs are expected under trees this month.My view on Roku is you buy it as a speculation on growth, but keep it for the inevitable take-out. Whatever its current valuation is where the bidding starts, not where it ends.Dana Blankenhorn is a financial and technology journalist. His latest book is Technology's Big Bang: Yesterday, Today and Tomorrow with Moore's Law , essays on technology available at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AAPL and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Worst Dividend Stocks of the Decade * 7 Game-Changing Tech Stocks to Buy Now * 5 Chinese Stocks to Buy for the Big 2020 Rebound The post High-Growth Roku Will Make Excellent Takeover Target appeared first on InvestorPlace.
Sometimes, it pays to fold 'em.While many investors gear up for the new year by scouting out lists of the best stocks to buy, there's virtue in pruning, too. Even though it seems counterintuitive to sell into a rip-snorting bull market, you should parcel out time to evaluate your portfolio for stocks to sell as we enter 2020.Why? Three reasons: * Too far, too fast. Let's say you own a stock that has soared far above the market. The position that once was 10% of your portfolio is now 35%. That's a lot to have riding on one stock. You don't have to sell your entire holding, but it might be a good idea to trim it back a bit. In fact, you can tie such a move into charitable giving and dodge that pesky capital-gains tax. * Slowdown ahead. Even if your stock has had a whizbang year, you should review it to see if the enthusiasm was a bit overblown. Some stocks that once had stellar records - we're looking at you, Freddie Mac (FMCC) and GameStop (GME) - weren't able to keep the earnings momentum going. If it looks like your stock's growth might be slowing, you should think about where that money could be working a bit harder. Even great buys become stocks to sell at some point. * Right stock, wrong time. Finally, some companies are just in the wrong place at the wrong time, such as energy: the market's worst sector (by a mile) in 2019. Are there good energy stocks? Absolutely. But sometimes, market factors (such as oil prices) punish even the best firms.No one likes selling stocks. You've probably put a lot of work and worry into researching your stocks and holding on to them. But it's an important part of investing, and some of the best investors are not only good buyers of stock, but good sellers. Here then, are five stocks to sell in 2020. SEE ALSO: 43 Companies Amazon Could Destroy (Including One for a Second Time)
Netflix has had a disappointing couple of quarters. Piper Jaffray’s Michael Olson makes a case that fourth quarter subscriber numbers could positively surprise investors.
‘Home Alone’ will be revived for Disney’s streaming service Disney+ and will star ‘JoJo Rabbit’ breakout star Archie Yates, but OG fans are still not impressed as criticism mounts around Hollywood's recent reboot craze. Yahoo Finance's Alexandra Canal breaks it down. Zack Guzman & Emily McCormick, along with former 'Bachelorette' star Jason Tartick join in on the conversation.
Netflix has begun testing a new yearly price plan in order to compete with other services like Disney+ and HBO. Yahoo Finance’s On The Move panel discusses.
According to Glassdoor, the number of people who apply for jobs on the job site spikes 22% in January. Glassdoor Chief Economist Andrew Chamberlain, along with Yahoo Finance’s Reggie Wade, joins Zack Guzman, Kristin Myers and The Corporate Agent CEO & Founder Angelique Rewers on YFi PM to discuss.