306.60 -0.70 (-0.23%)
Pre-Market: 4:07AM EDT
|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||306.00 - 313.50|
|52 Week Range||231.23 - 386.80|
|Beta (3Y Monthly)||1.39|
|PE Ratio (TTM)||120.98|
|Earnings Date||Oct 14, 2019 - Oct 18, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||383.56|
Stocks rose Tuesday thanks to media reports suggesting in-person U.S.-China trade talks are set to resume as soon as next week, but that’s not changing the trade outlook for Kristina Hooper, Invesco’s chief global market strategist.
NEW YORK, NY / ACCESSWIRE / July 23, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders ...
Glancy Prongay & Murray LLP (“GPM”), a national investors rights law firm, announces that a class action lawsuit has been filed on behalf of investors that acquired Netflix, Inc. (“Netflix” or the “Company”) (NASDAQ: NFLX) securities between April 17, 2019 and July 17, 2019, inclusive (the “Class Period”). Netflix investors have until September 20, 2019 to file a lead plaintiff motion. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com.
NEW YORK, July 23, 2019 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Netflix, Inc. ("Netflix" or the "Company")(NFLX) of the September 20, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in Netflix stock or options between April 17, 2019 and July 17, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/NFLX. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to email@example.com.
Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Netflix, Inc. (“Netflix” or the “Company”) (NASDAQ: NFLX) securities between April 17, 2019 and July 17, 2019, inclusive (the “Class Period”). Netflix investors have until September 20, 2019 to file a lead plaintiff motion.
AT&T; is upgrading its wireless network after buying Time Warner. AT&T; earnings are stalling and shares are far off highs. Is AT&T; stock a buy right now?
NEW YORK, NY / ACCESSWIRE / July 23, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. To determine ...
Like many people her age, 28-year-old writer Kristine lives with her parents. “It’s both embarrassing and a necessity,” she told MarketWatch. “I am an only child, so it’s just my parents and me at home,” she said.
Facebook spent $4.1 million on lobbying Washington in the second quarter, topping the outlays by other so-called FAANG companies and keeping the tech giant on pace for another record year of spending to influence lawmakers and regulators.
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into Netflix's (NFLX) recent Q2 earnings report. The episode then transitions into why Amazon (AMZN) and Disney (DIS) could be real challengers...
Pomerantz LLP is investigating claims on behalf of investors of Netflix, Inc. (“Netflix” or the “Company”) (NASDAQ: NFLX). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext.
NEW YORK, July 23, 2019 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, announces that a securities class action lawsuit has been filed on behalf of those who purchased or acquired the securities of Netflix, Inc. ("Netflix" or the "Company") (NFLX) between April 17, 2019, and July 17, 2019, both dates inclusive. If you purchased Netflix securities, and/or would like to discuss your legal rights and options please visit Netflix NFLX Shareholder Class Action or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.
LOS ANGELES, CA / ACCESSWIRE / July 23, 2019 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Netflix, Inc. (“Netflix” ...
Marvel’s universe of superheroes and heroines could hurl earnings of Walt Disney Co. and its new streaming service to stupefying heights, Morgan Stanley predicts.
NEW YORK, July 23, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Netflix, Inc. (“Netflix” or “the Company”) (NASDAQ: NFLX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between April 17, 2019 and July 17, 2019, inclusive (the “Class Period”), are encouraged to contact the firm before September 20, 2019. We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge.
If you weren't yet convinced that technology is changing everything about our lives, well …Source: Shutterstock We now have smart diapers.Pampers yesterday introduced its "connected care system." A sensor attached to diapers triggers a notification to parents through an app when junior's diaper is wet. (Just wet, at least for now.) It also tracks sleep.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt won't actually change the diaper, but somebody is probably working on robots that will do that. (That ought to make a fortune.)Smart diapers are the latest in "wearables," which are part of the sweeping Internet of Things (IoT) trend.The Internet of Things is the label we've given to the coming world of connected machines and their support systems: Cars, homes, refrigerators, heating systems, lighting systems, medical devices, industrial machines, oil rigs, construction equipment, elevators, ships, etc.You name it, it's going to use advanced technology to monitor itself, monitor its surroundings, and communicate with humans and other machines via the internet.Given all the devices we use every day, it's no wonder Cisco says 500 billion devices will be connected to the Internet of Things by 2030. It's also no wonder spending on the IoT is forecasted to grow 55% and pass $1 trillion by 2022.All of this makes IoT one of the most valuable technologies -- and one of the most promising investment trends -- in the world. Check Out This Car!It's been nearly 15 years since I owned a vehicle.That surprises a lot of people, but I've always walked or taken the subway or a taxi. Now I use shareable scooters (and there are some potential investment opportunities there). I may finally get another car when I can purchase an autonomous vehicle (AV) that drives itself and can make money for me during the day shuttling other people around.I'd have to wait a little bit longer for an AV, and that wait got a little tougher with latest electric vehicle unveiled just this week. It looks amazing and has awesome power.It's the Lotus Eviya, which the company calls the "world's most powerful production car" and "the world's first all-electric British hypercar.""Electric hypercar." I like it.I've told you how the Tesla Model S is one of the greatest technological achievements of our age, so much so that it is used in electric car racing. It goes from 0 to 60 miles per hour in just 2.5 seconds. The Eviya matches that, and has a motor on each wheel that combined generate 493 horsepower. It can go as fast as 200 miles per hour.The key to electric vehicles -- especially the ones of the future -- is batteries. Lotus says the Eviya's battery pack can go from 0% to 80% in 18 minutes with new chargers just now coming out. Each charge should deliver about 250 miles.That's pretty good. Current battery technology has improved, but lithium-ion batteries have been around nearly 30 years now and are closing in on their limits. Solid state batteries will be the real transformative breakthrough.Just this week, research firm Global Market Insights predicted that the solid state battery market will surge over 1,000% from the end of last year to 2025.I've spent an enormous amount of time studying the battery industry. I can tell you this mega innovation isn't a matter of "if," it's a matter of "when." I believe the next big battery breakthrough will go down as one of the greatest inventions of the 21st century.Insiders are already calling this potential new battery a "paradigm shift" in energy technology. Forbes calls it simply: "The battery that could change the world."This amazing device could change just about everything in your life -- from how you get around to how you communicate with others … even the way you think about the world.For early investors, this presents the kind of moneymaking opportunity that could turn a tiny initial stake into an absolute fortune. A Better Opportunity than NetflixIn a week when the S&P 500 index hit a new all-time high, one of the most well-known and widely held stocks got whacked.Netflix (NASDAQ:NFLX) fell 10% on Thursday -- losing $17 billion in value -- after the number of paying subscribers fell for the first time in eight years. The company lost 126,000 U.S. subscribers last quarter, which was way off Wall Street's expectation for a gain of 352,000. A price hike and the loss of some shows were among the reasons for the decline.The news from the rest of the world was better but still troubling. Netflix added 2.8 million subscribers internationally, which was 42% below analysts' estimates of 4.8 million.Is Netflix approaching the end of its amazing run? I wouldn't count it out yet, but it's too early to say for sure.That said, there are better opportunities in video streaming … in China.In fact, the leading content streaming company in China, iQIYI (NASDAQ:IQ), wants to be the Netflix of China. And why wouldn't it? China is the largest entertainment market in the world … and it's only growing as more citizens come online.One of the great things about iQIYI is that it doesn't have to compete with Netflix. China isn't particularly friendly to non-Chinese companies, especially content providers like Netflix. Actually, the two companies have a partnership.If iQIYI can become half of what Netflix has become, it is a seven-bagger from its first day of trading in March of last year. It has dipped back down near those prices amid the recent trade tensions. (You can get my latest advice on iQIYI with a risk-free membership to Investment Opportunities.) Another Step Toward LegalizationI told you a few months ago about perhaps the biggest signal yet that marijuana legalization in the U.S. is around the corner. The world's largest cannabis company, Canopy Growth (NYSE:CGC), agreed to acquire U.S.-based Acreage Holdings (OTCMKTS:ACRGF) for $3.4 billion.The deal won't go through until marijuana is legal in the U.S. Still, Canopy would not have agreed to the deal if it knew the ending of this story was uncertain and years away. With some of the most connected people in the industry and the world involved with these companies, it was a flashing neon sign pointing toward legalization.Since then, Illinois has legalized marijuana, and this week Hawaii became the 26th state to "decriminalize" marijuana.I'm not a fan of decriminalization. It essentially says, "Marijuana isn't legal, but it's not really illegal either." It almost confuses things more than it clarifies. Still, big changes come in steps, and this is another clear step in the unstoppable trend toward legalization.I can tell you -- with 100% conviction -- that the opportunity to make a small fortune when America legalizes cannabis nationally is truly unprecedented.To make the most money possible, you'll need to "get in" before pot is legalized nationally. Once the federal government announces plans for nationwide legalization (which could potentially happen soon), America's small marijuana stocks could easily turn into big, expensive stocks like Walmart or Coca-Cola.Click here to learn more and see which stocks you should own today.We'll continue our work this week to make you money in the world's biggest investment themes. In the meantime, stay cool.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 * 2 Toxic Pot Stocks You Should Avoid * 7 Defense Stocks to Buy to Fortify Your Portfolio * 10 High-Flying, Overvalued Stocks in Danger of Crashing * 8 Stocks to Buy That Are Growing Faster Than Amazon The post Hot Investing Trends Updates: IoT, EV, Streaming Video and Marijuana Legalization appeared first on InvestorPlace.
NEW YORK, NY / ACCESSWIRE / July 23, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed Netflix, Inc.(“Netflix”or “the Company”) (NASDAQ: NFLX) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Netflix securities between April 17, 2019 through July 17, 2019, both dates inclusive. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/nflx or you may contact Peretz Bronstein, Esq.
The hit Netflix series “Stranger Things” has driven multiple events at major league ballparks this summer. The show’s alternate universe has even managed to make New Coke cool.
Over the past several months, I have discussed the importance of various 5G stocks to buy. Of course, such a notion is nothing new. This latest telecom innovation represents a paradigm shift within the industry. Major players and even government bodies have pushed for 5G integration. But to truly understand the phenomenon behind 5G stocks, we should look back in time to the 4G upgrade.It may seem like a lifetime ago. But nine years ago, the first 4G handset hit U.S. retail stores. Back then, we witnessed the same challenges that we must address today; namely, the lack of viable networks.However, the massive increase in data transmission speeds made efforts to overcome the challenges worthwhile. For instance, some early 4G networks download speeds of 100Mbps, substantially greater than an average 3G download speed of 2Mbps. That's the allure of 5G stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, think about the amazing technologies that either sprouted or were improved via 4G's introduction. For example, we take for granted today that we can hail a ride through Uber (NYSE:UBER) or Lyft (NASDAQ:LYFT). But the viability of this platform was really only possible through the 4G network. The same can be said about mobile streaming on services such as Netflix (NASDAQ:NFLX). * 10 Stocks to Buy From This Superstar Fund In other words, 5G doesn't just offer an industry from which to pick stocks to buy. Instead, this technology enables other technologies to flourish. It's a force-multiplier, one that comes around only once every several years.With that, here are my seven picks for 5G stocks to buy: AT&T (T)Source: Shutterstock AT&T (NYSE:T) is a name that almost everyone is familiar with. However, it doesn't get much love as a candidate for stocks to buy. Even though T stock represents an iconic brand, the underlying company has unprecedented debt levels from expensive acquisitions.Even worse, those acquisitions apparently aren't gaining satisfactory traction. Of course, I'm referring to the $85 billion Time Warner acquisition. Initially, AT&T bought the company on hopes of original content strength and streaming revenue opportunities. However, fears of AT&T cannibalizing itself has put off some investors from T stock.But with all due respect, I think this perspective is shortsighted. I believe AT&T is one of the best 5G stocks to buy. With the coming network rollout, it's not just about technological prowess; instead, the rollout will require massive resources and wide-ranging telecom assets.Few names have the capacity to integrate 5G competently. Although it has some big issues, T stock is one of those players. Qualcomm (QCOM)Under almost any other circumstance, Qualcomm (NASDAQ:QCOM) would easily qualify as one of the best 5G stocks to buy. Thanks to its next-generation chips, Qualcomm has an early head start on this transformative telecom innovation. That right there is a good enough reason to seriously consider QCOM stock.However, legal troubles with Apple (NASDAQ:AAPL) have cast a dark cloud over QCOM stock. For years, Apple alleges, Qualcomm illegally benefited from a double-dipping licensing scheme. Typically, semiconductor firms sell licenses of their core technologies. But Qualcomm charges royalties on top of innovations that are only loosely associated with the initial license.Granted, this is a nasty issue, and one that has made QCOM stock quite choppy over the past few years. Nevertheless, I believe the turbulence will give way to steady longer-term gains. I say this because Qualcomm is too critical for broader American interests. * 7 Defense Stocks to Buy to Fortify Your Portfolio As I have argued in the past, tech firms have ceased to exist in a vacuum. Instead, we're in a tech cold war for future digital dominance. Therefore, I believe the future is bright for QCOM stock because, well, it has to be. Micron (MU)Source: Shutterstock Speaking of vacuums, the 5G industry itself doesn't ply its trade in isolation. Instead, you see natural synergies and partnerships to help make the most of the tech in the shortest time possible. That's why on your shopping list of 5G stocks to buy, you shouldn't overlook Micron Technology (NASDAQ:MU) and MU stock.Earlier this year, Micron and Qualcomm announced a partnership to develop 5G-enabled autonomous driving platforms. This is a great example about the far-reaching impact of 5G technologies. With exponentially faster transmission speeds, autonomous vehicles can more quickly transition from concept to reality. Additionally, 5G speeds should make such AVs safer as they can react to dynamic conditions or dangers.Another plus for MU stock is the geopolitical environment. Micron of all companies on my list of stocks to buy recognizes the economic threat that is China. After suffering sometimes brazen acts of corporate espionage, Micron realizes that American tech firms haven't played on equal ground with the Asian juggernaut.But thanks to the no-nonsense Trump administration, MU stock has some executive support. Moving forward, I like that measure of confidence. Nvidia (NVDA)Source: Shutterstock If you're a hardcore gamer, you typically associate Nvidia (NASDAQ:NVDA) with its gaming-centric graphics processors. However, the semiconductor firm has evolved into a comprehensive tech umbrella, providing solutions with data science, artificial intelligence, and deep learning. But what does this have to do with 5G stocks to buy?Simply, we're moving to a point now where no tech innovation occurs in isolation. Prior to 4G, most computerized solutions focused on data analytics and big data. But with 4G's data-transmission speed upgrade, engineers were able to realize multiple AI applications, such as AVs and other automated platforms. Since Nvidia leads in these innovations, NVDA stock provides attractive exposure. * 10 Tech Stocks That Are Still Worth Your Time (And Money) But with 5G, several industries are looking to take the next step in automation. In many cases, this means that companies are looking to replace human operators with AI-driven systems. Of course, such a notion is further out on the horizon. Still, I'd keep NVDA stock on my must-watch list, especially since shares are currently deflated relative to their all-time highs. Xilinx (XLNX)It's a theme that consistently runs throughout 5G stocks: no one player owns the entire 5G supply chain. Thus, part of the problem regarding the next-gen telecom rollout is the broader lack of equipment upgrades. Simply put, 5G requires multiple components, from the network down to the chips used to facilitate data transmissions.While it might not be a household name, 5G investors should check out Xilinx (NASDAQ:XLNX) and XLNX stock. For one thing, the company recently introduced a groundbreaking chipset that covers the entire sub-6 GHz spectrum. This is essentially the radio frequency that makes 5G possible.Second, several 5G players already use Xilinx chips. That number will surely rise as the rollout deepens. Furthermore, Xilinx will likely pick up additional clients, making XLNX stock an attractive proposition.Finally, Xilinx offers critical solutions in growing and lucrative markets such as AI and data centers. Thus, no matter what happens with 5G, XLNX stock will likely benefit from robust demand. Ericsson (ERIC)Without any historical context, 5G investors would probably peg Ericsson (NASDAQ:ERIC) as one of their top stocks to buy. After all, Ericsson provides the communications equipment that makes the 5G rollout practically accessible. Therefore, ERIC stock is an easy buy.Of course, Ericsson's long-term price chart tells a different tale. During the tech bubble of the late 1990s to early 2000s, ERIC stock was a legitimate three-digit security. As we all know, the bursting of that bubble deflated virtually all tech players.Later, ERIC stock peaked around the $20 level before collapsing during the last major housing crisis and the Great Recession. With shares currently trading hands at under $10, I can understand the hesitation regarding holding the bag. * 7 Retail Stocks to Buy for the Second Half of 2019 However, Ericsson does have a major geopolitical tailwind in the form of the U.S.-China trade war. With Huawei at least temporarily out of the picture, Ericsson has an opportunity to take advantage. This is one of the riskier propositions among 5G stocks to buy. But if you can stomach it, ERIC stock offers an intriguing opportunity. Semtech (SMTC)Analog and mixed-signal semiconductor supplier Semtech (NASDAQ:SMTC) offers natural exposure to 5G, along with other lucrative segments like the Internet of Things, data centers, and mobility. That said, SMTC stock has seen better days. Shares enjoyed a solid start to the year before negative earnings revisions for the year attracted volatility.However, I believe the nearer-term volatility in SMTC stock is just a blip on the radar. For one thing, Semtech features very stable financials. It has a relatively small debt load relative to its cash holdings. Moreover, Semtech has delivered consistently positive earnings, leading to an equally consistent free cash flow. Thus, the company can respond to fresh opportunities without worrying about the financial impact.Second, the 5G network is bound to grow in both scope and complexity. Not only are individual companies racing for an edge, so too are countries. Such dynamics provide a pathway to profitability for SMTC stock, making the nearer-term noise just that: noise.As of this writing, Josh Enomoto is long T stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 7 5G Stocks to Connect Your Portfolio To appeared first on InvestorPlace.
FAANG stocks, including Facebook, Apple and Amazon, are set to beat earnings in one of the busiest earnings stretches this season. These stocks flaunt a positive Earnings ESP.
Shares of Netflix (NASDAQ:NFLX) have sold off sharply following an earnings report that fell well short on subscriber growth. Netflix stock is down nearly 15% over the past three sessions and has given back most of the gains on the year. Certainly the paid streaming subscriptions were a major disappointment, but the actual earnings number beat expectations. The selling is getting overdone in NFLX stock. Time to be a buyer on further weakness.Source: Shutterstock Netflix reported earnings last Wednesday with EPS of 60 cents compared to expectations of 55 cents. Revenues were right in line at $4.92 billion versus estimates of $4.93 billion. This marks the fourth straight quarter of solid earnings beats from Netflix. Yet in that time frame, NFLX has actually dropped in price. The combination of earnings beats and lower stock price means NFLX stock has become comparatively more attractive on a valuation basis.Subscriber growth was weak, with only 2.7 million new additions. That's way below the 5 million anticipated. So while earnings were solid, the subscriber growth torpedoed Netflix stock. The company did reiterate, however, that it will add 7 million new subscribers in the third quarter. This is well above the previous guidance of 6.3 million additions and also an increase to the year-ago level of just over 6 million. So while growth has slowed, Netflix is definitely still growing.InvestorPlace - Stock Market News, Stock Advice & Trading Tips NFLX Stock by the Numbers Click to Enlarge Momentum stocks such as Netflix trade more on technicals than fundamentals -- and the technicals point to a pop in NFLX stock. Shares are now by far the most oversold they have been in the past year.The 14-day RSI is now at the lowest readings in the previous 12 months and well below the 25 level. MACD is also at an extreme while Bollinger Band Percent B is now negative. * 7 Defense Stocks to Buy to Fortify Your Portfolio Previous times that Netflix stock reached such pessimistic levels on those three metrics proved to be great short term buying opportunities in Netflix. A break back above the $320 resistance area could lead to NFLX stock filling in the post earnings gap around $340. The Warren Buffett adage to be greedy when others are fearful certainly applies here after the recent drubbing.Investors who missed out on adding NFLX stock to their portfolio should use the weakness to buy near current levels. Option traders may elect to sell out-of-the-money put spreads to position to be a buyer on a further leg down. Selling the Sep $280/$275 bull put spread should bring in 80 cents of premium with a 19% return on risk. The short $280 strike price provides nearly a 10% downside cushion to the $310.62 closing price of Netflix stock.Tim Biggam may hold some of the aforementioned securities in one or more of his newsletters. Anyone interested in finding out more about Tim and his strategies can go to https://marketfy.com/item/options-and-volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Defense Stocks to Buy to Fortify Your Portfolio * 10 High-Flying, Overvalued Stocks in Danger of Crashing * 8 Stocks to Buy That Are Growing Faster Than Amazon The post Netflix Stock Is Getting Back to Binge Worthy Levels appeared first on InvestorPlace.
It is official: “Avengers: Endgame” has surpassed “Avatar” to become the highest-grossing film of all time, while the live-action “The Lion King” dominated the weekend box office, setting Walt Disney Co. up for a stellar year.