|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||136.53 - 136.97|
|52 Week Range||102.26 - 144.17|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||24.40%|
|Beta (3Y Monthly)||1.35|
|Expense Ratio (net)||0.62%|
While investing in any of the retail stocks could reward investors throughout Cyber Week, a diverse approach in a basket form can also be a great choice.
As one of the vaunted FAANG (Facebook, Amazon, Apple, Netflix, Google) stocks, Netflix is subject to competition from one of its peers, but the online streaming giant is looking to up the ante in order to fend off the opposition. Netflix investors are decidedly nervous as companies like Apple, Disney and Amazon are looking to bolster their streaming businesses. Shares of Netflix have been climbing 10% higher the past two weeks, but the competition could threaten the rally.
Just like gamblers following the smart money, when factor investors want to know where the money is flowing and going, they look to momentum. It can be a key indicator of which exchange-traded funds (ETFs) can get a boost from increased activity—right now, Apple and Netflix are in the spotlight. “Momentum crowd money flows are extremely positive in Apple’s shares,” wrote MarketWatch analyst Nigan Arora.
Despite stiff competition, investors might want to capitalize on this Internet television network leader's subscriber growth and the upcoming surge in its share price with lesser risk in the form of ETFs.
Wall Street analysts are warning investors that disappointment could be forthcoming with streaming media giant Netflix when it comes time to report their third-quarter earnings. Per a CNBC report, analysts are “have begun expressing doubts about Netflix and warning the company’s coming quarterly earnings may disappoint yet again, just after the stock turned negative for the year. Pivotal Research Group cut its price target on Netflix shares by nearly a third on Tuesday, to $350 from $515.
Netflix (NASDAQ:NFLX) continues to face increased competition, and that's putting downward pressure on NFLX stock. On Sept. 10, Apple (NASDAQ:AAPL) announced the price of Apple TV Plus, the company's streaming platform. Set to launch on Nov. 1, it will cost the bargain-basement price of $4.99 a month. That's significantly cheaper than both Netflix at $12.99 a month (its most popular plan) and Disney+ at $6.99 per month. And, if you buy a new Apple device, you'll get Apple TV Plus free for the next year. InvestorPlace - Stock Market News, Stock Advice & Trading TipsOf course, Apple's new streaming service won't have nearly as much content as its peers, but it does plan to add more over time. Owners of NFLX stock have been nervous since it announced weak Q2 2019 results in July that showed a loss in U.S. subscribers and a failure to add as many international subscribers as analysts expected. Now, with Disney (NYSE:DIS), Apple, HBO, NBCUniversal and many others bringing out their streaming services, investors are wondering if the best days for Netflix stock are behind it. "Investor interest in Netflix is at a nadir with a view the stock will not work given these competitive launches the next few quarters," said Credit Suisse research analyst Douglas Mitchelson in a note to clients Sept. 9. "This suggests that for Netflix shares to rebound, 3Q19 results would have to come in well ahead of expectations."Maybe they will. Perhaps they won't. * 10 Big IPO Stocks From 2019 to Watch If you're unsure, but generally like Netflix's business model, you might want to buy these three ETFs as a safer alternative to NFLX stock. Invesco NASDAQ Internet ETF (PNQI)The first ETF to buy I've based on Netflix's weighting within the portfolio. The higher, the better.The Invesco NASDAQ Internet ETF (NASDAQ:PNQI) tracks the performance of the NASDAQ Internet Index, which invests in the largest and most liquid U.S.-listed internet-related companies.NFLX is the fifth-largest holding of the $539 million fund with a weighting of 6.27%. Also included in the top 10 holdings is Amazon (NASDAQ:AMZN), whose Prime video streaming service competes with Netflix for eyeballs. Overall, PNQI has 83 holdings, charges 0.60% (or $60 annually per $10,000 investment), and it has delivered a three-year, annualized total return of 16.7%. Fidelity MSCI Communication Services Index ETF (FCOM)The second ETF to buy I've based on the management expense ratio. The lower, the better.The Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) tracks the performance of the MSCI USA IMI Communication Services 25/50 Index, which invests in U.S. communication services stocks. NFLX is the eighth-largest holding of the $445-million fund with a weighting of 4.18%. Also included in the top 10 holdings are several of its competitors, including AT&T (NYSE:T) at 4.70% and Disney at 7.16%. * 7 Hot Penny Stocks to Consider Now Overall, FCOM has 110 holdings, charges 0.08% annually and it has delivered a three-year, annualized total return of 8.9%. ERShares Entrepreneur 30 ETF (ENTR)The third ETF to buy I've based on the number of holdings. The fewer, the better. The ERShares Entrepreneur 30 ETF (NYSEARCA:ENTR) tracks the performance of the ER30 Index, which invests in 30 of the largest U.S. large-cap entrepreneurial companies. NFLX is the sixth-largest holding of the $74-million fund with a weighting of 4.20%. Amazon is also one of the ETF's top 10 holdings.Overall, ENTR has 30 holdings, charges 0.49% annually and year-to-date has delivered a total return of 21.9%. It does not have a three-year return because it was only launched in November 2017. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post 3 ETFs to Buy If You Want to Go Long Netflix Stock appeared first on InvestorPlace.
Following its second-quarter earnings report, shares of Netflix were down as much as 11 percent after the online streaming company only added 2.7 million subscribers, which was almost half of the 5 million that analysts were expecting. Speaking on its fall in subscribership, Netflix cited the entrance of new competitors to the streaming space with Apple and Disney joining the fray.
Shares of Netflix were down as much as 11 percent after the online streaming company only added 2.7 million subscribers, which was almost half of the 5 million that Wall Street analysts were expecting. During its first-quarter earnings report, Netflix did address the entrance of new competitors to the streaming space with Apple and Disney joining the fray.
EBay Inc. shares are up 3 percent today after the company beat earnings expectations on Wednesday afternoon. Ebay reported second-quarter net income of $402 million, or 46 cents a share, compared with $642 million, or 64 cents a share, in the same period last year. EBay stock has been a top performer this year, gaining 39% this year, beating the S&P 500 index which is up 20%.
When it comes to the Nasdaq Composite and Nasdaq-100 indexes, many investors think of growth stocks, including those from communication services, consumer and technology sectors. In fact, those three sectors combine for more than 82% of the Nasdaq-100 Index's roster.And when it comes to Nasdaq exchange traded funds (ETFs), the Invesco QQQ (NASDAQ:QQQ) is the dominant name. Home to $74.56 billion in assets under management, QQQ is one of the largest ETFs in the world.While Nasdaq is known as one of the world's largest operator of equity exchanges, the company has been a force in the indexing world dating back to the early 1970s.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"Nasdaq calculates more than 40,000 diverse indexes, providing coverage across asset classes, countries and sectors," according to the company. * 7 Dependable Dividend Stocks to Buy That means in addition to QQQ, there are plenty of compelling Nasdaq ETFs out there, including some appropriate for investors seeking robust technology sector exposure. Here are some Nasdaq ETFs to consider beyond the famed QQQ. Invesco DWA NASDAQ Momentum ETF (DWAQ)Source: Shutterstock Expense ratio: 0.60% per year, or $60 on a $10,000 investment.The Invesco DWA NASDAQ Momentum ETF (NASDAQ:DWAQ) is a Nasdaq ETF that can be used as an alternative or complement to the aforementioned QQQ. DWAQ's underlying benchmark is the Dorsey Wright NASDAQ Technical Leaders Index."The Index is comprised of approximately 100 securities from an eligible universe of approximately 1,000 securities of large capitalization companies from the NASDAQ US Benchmark Index. All securities in the universe are ranked using a proprietary relative strength (momentum) measure," according to Invesco.DWAQ is a fine idea for investors looking for growth exposure because more than 83% of the fund's holdings are large-, mid- and small-cap growth stocks. Additionally, this Nasdaq ETF is a valid consideration for investors looking to overweight technology stocks as DWAQ allocates more than 31% of its roster to that sector. ProShares Equities for Rising Rates ETF (EQRR)Source: Shutterstock Expense ratio: 0.35%The ProShares Equities for Rising Rates ETF (NASDAQ:EQRR) by its very name would seem to imply it is not useful at a time when the Federal Reserve is reportedly mulling interest rate cuts. However, this Nasdaq ETF is still up nearly 10% year-to-date and is a sensible option for investors looking for a Nasdaq ETF with reduced tech exposure.EQRR, which is nearly two years old, tracks the Nasdaq U.S. Large Cap Equities for Rising Rates Index. The aim of this Nasdaq ETF is to provide exposure to "sectors that have had the highest correlations to 10-Year U.S. Treasury yields and within those sectors, the stocks that have had a strong tendency to outperform as rates rise," according to ProShares. * 7 Short Squeeze Stocks With Big Upside Potential Giving EQRR something of a value tilt, the fund devotes over 36% of its combined weight to the financial services and industrial sectors, indicating that it can mitigate some of the volatility associated with other growth-heavy Nasdaq ETFs. First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)Source: Shutterstock Expense ratio: 0.65%The First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) is a prime example of a thematic ETF and the theme offers ample long-term potential. ROBT, which is nearly a year and a half old, targets the Nasdaq CTA Artificial Intelligence and Robotics Index and holds 95 stocks. This Nasdaq ETF places plenty of competition, but ROBT is compelling avenue to robtics investing.ROBT features exposure to three segments of the artificial intelligence and robotics universe -- companies the issuer deems to be enablers, engagers and enhancers. Engagers command 60% of ROBT's index while enablers garner 25% and enhancers land at 15%. Robotics ETFs usually feature exposure to multiple sectors, but ROBT is applicable for tech investors because the Nadaq ETF devotes 61% of its weight to that sector.Industry observers expect big growth for the themes represented in ROBT. Global robotics spending could swell to almost $231 billion by 2021, according to IDC while artificial intelligence could command $15.7 trillion of the global economy by 2030. Invesco NASDAQ Internet ETF (PNQI)Expense ratio: 0.60%With the Nasdaq being home to so many of the largest most venerable internet companies, it makes sense that there would be a dedicated Nasdaq ETF for those stocks, That fund is the Invesco NASDAQ Internet ETF (NASDAQ:PNQI), which tracks the NASDAQ Internet Index.There is plenty of competition in the internet ETF arena, but PNQI has been admirable performer, returning more than 83% over the past three years. Plus, this Nasdaq ETF is by no means small as highlighted by its $570.1 million in assets under management. * 5 EV Stocks to Buy for Big Gains Over the Next Decade What makes this Nasdaq ETF interesting relative to traditional internet ETF competitors is that mixes U.S. and international companies whereas competing funds usually focus on domestic or ex-US stocks, not both. Led by Alibaba (NYSE:BABA), four of PNQI's top 10 holdings are ex-US companies. In fact, PNQI has been a better than some rival funds that only focus on international internet companies. First Trust Nasdaq Semiconductor ETF (FTXL)Source: Shutterstock Expense ratio: 0.60%There are a few semiconductor funds out there, but the First Trust Nasdaq Semiconductor ETF (NASDAQ:FTXL) is one of the more overlooked members of that group, but this Nasdaq ETF is a way for investors to access a unique weighting methodology for chip stocks.FTXL's underlying index is the Nasdaq US Smart Semiconductor Index. That benchmark uses growth, value and volatility as barometers for stock inclusion. That means that over longer holding periods, this Nasdaq ETF's returns could differ significantly from traditional chip funds.The median market value of FTXL's 30 components is $14.5 billion, indicating the fund leans toward smaller chip names, but even with that, the fund trades at favorable multiples relative to basic small-cap index funds. And even with the size bias, FTXL remains home to some of the largest semiconductor stocks. FTXL is up nearly 26% year-to-date.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post 5 Nasdaq ETFs for Tantalizing Tech Investments -- Besides the QQQ appeared first on InvestorPlace.
Technology sector took a hit badly in yesterday's trading session on antitrust scrutiny concerns that wiped out more than $133 billion from the market value of the four technology giants.
Facebook has gained nearly 21% over the past three months. The strength is expected to continue given that Facebook has a reasonable chance of beating earnings estimates this quarter.
Shares of Netflix were up as much as 2 percent at Wednesday’s open after the online streaming company bested Wall Street expectations on earnings, revenue and subscribership for the first quarter. First-quarter ...
Shares of ridesharing company Lyft hit fresh lows on Wednesday, falling as much as 6 percent as skepticism regarding its valuation continues to put downward pressure on its stock price. After debuting with an opening price of $72, Lyft continues to struggle with analyst downgrades early on in its publicly-traded existence. Lyft was already in a tenuous position prior to its IPO debut--according to S&P Global Market Intelligence, Lyft posted a loss of $911 million in 2018, making it the most any U.S. startup has lost in the 12 months leading up to its IPO. Lyft did post a record $2.16 billion in revenue, but according to Ilya Strebulaev, a Stanford University business professor who studies late-stage startups, that doesn’t necessarily translate to success once going public.
Probably taking cues from the Lyft IPO debacle, Pinterest has toned down its IPO pricing. This might help the company maintain its IPO price once public, benefitting these ETFs.