STOCKS TELEGRAPH

Tag: NFLX

  • Best Long Term Growth Stocks

    When markets undergo heavy macroeconomic stresses and unpredictable volatility, investors typically turn to stocks that are capable of delivering stability. This article aims to shed light on the four Best long-term growth stocks that have been rising for the past 10 years. This is true for the tumultuous swings seen in recent years, as a result of the economic fallout of the Covid-19 pandemic, and supply chain complications arising from Russia’s invasion of Ukraine.

    With inflation levels reaching new heights each day, and the threats of a looming recession growing ever likely, the market seeks stability the most. One metric through which this can be gauged is by looking at historical performance. Which were the stocks that powered through the last 10 years, and survived the pressures thrown their way?  A historical growth trajectory of such a nature indicates market confidence, and a high likelihood of the growth momentum to continue.

    TransDigm Group

    TransDigm Group Incorporated (NYSE: TDG) is one of the big name companies of the last decade. TDG is a supplier of aircraft components and had seen an 825% rise in the last 10 years, which is making it one of the best long-term growth stocks. This is largely due to the sustainable, growth-oriented business model through which it operates. In addition to expanding its clientele who procure components for new aircraft, existing customers also deliver substantial aftermarket revenue. Once aircraft cross the 25-30 year threshold, crucial components need replacing or patching up. After 50 years, industrial standards dictate that the components have reached the end of their useful lifecycle. This makes the TDG approach one that is geared towards long-term growth. The company, therefore, had succeeded in steadily growing its revenue over the years.

    2020 was a year that saw the momentum of the entire airline industry come crashing down. As flights were halted amidst the Covid-19 outbreak, so too was the business of component suppliers. In what many analysts described as an “Armageddon”, TransDigm performed relatively well. Its net income fell only by 20%, whereas its sales figure remained flat in FY20Q4. This is in large part due to the monopoly the company holds in the aircraft components realm. Being a sole critical supplier of such a giant global industry, TDG has established itself as a safe and financially sustainable business.

    In the bearish market conditions of 2022, the stock has fallen roughly 10% from its price 12 months ago. This comes despite strong fundamentals and significant tailwinds the industry anticipates. For investors looking to fly high, there is hardly a better option worth considering than TDG.

    United Rentals

    United Rentals, Inc (NYSE: URI) presently holds a remarkable market position as the world’s largest equipment rental company. What is even more remarkable, however, is its performance in the last decade, which saw the stock rise by an impressive 825% and positioned it in the best long-term growth stocks list. The annual revenue for URI in 2011 stood at $929 million, compared to its 2021 figure of $9.7 billion.

    United Rental occupies a unique position as a stock, given it belongs to the industrial and construction sectors, despite not producing an output of any form. The company, through its stellar network and robust rental portfolio, has expanded its business significantly over the years. Through its cash flow through fees alone, URI has been heavily investing in business acquisitions, such as the regional player, Franklin Equipment. Such an approach has resulted in accelerated growth for the company. This was fueled both organically through rental income, as well as mergers and acquisitions undertaken.

    United Rental’s spectacular growth has slowed down significantly in recent months, owing to macroeconomic headwinds. In the bear market of 2022, URI has fallen by almost 15% in the last 12 months. Despite this, however, the future is far from bleak for this star player. URI holds two core advantages that companies hardly ever enjoy. For one, its unique business model leaves it exposed to minimal competition. Secondly, the barriers to the industrial equipment business sector remain extremely high. Both of these factors, combined with the company’s aggressive acquisition strategy make it truly one of a kind. Investors hardly come across ‘one of a kind’ stocks as promising as URI.

    Recently, the company has initiated plans to see its national account program successfully initiated. This would entail expanding relationships with large, national, or multi-regional companies. The program further specifies client companies that spend above $500,000 in rental payments as being national companies. This points to the significant upside potential associated with URI.

    Ulta Beauty

    Ulta Beauty Inc. (NASDAQ: ULTA) presently stands as the largest beauty retailer operating in the United States. The company’s growth trajectory in the last 10 years points to an almost 400% rise, owing to its robust business model, and a business strategy geared towards achieving financial sustainability. Over the years, Ulta Beauty has managed to win the hearts of its customers by attempting to provide a one-stop shop for all beauty-related products. At present, the company offers over 600 different beauty brands across its 1300 stores in the US.

    The first point of strength for Ulta comes in its strong, and highly loyal customer base. At present, its loyalty program members stand at an incredible figure of above 37 million. Its loyalty program reflects an impressive 95% portion of total revenue, indicating its critical nature to the company. Ulta’s superior offerings have resulted in this figure climbing steadily in the last 10 years making it one of the best long-term growth stocks. The company has benefitted from using customer spending data to optimize its offerings in an innovative manner, to ensure a high-quality shopping experience.


    ULTA Annual Reports (2012-2021)

    Another aspect to note about ULTA that is crucial in understanding its performance in the last 10 years is its store expansion. In 2012, there were 550 Ulta retail stores in operation, whereas the figure today has more than doubled, to 1308. For a company operating a beauty chain, store expansion directly translates to a revenue expansion, which is directly reflected in the company’s financial trend over the years. In just 10 years, Ulta has consistently achieved double-digit revenue growth every year, with the exception of 2020, due to the outbreak of the Covid-19 pandemic.

    Ulta’s high growth trend shows no sign of stopping into the future. With the share buybacks the company is constantly engaged in, ULTA stands as an incredible investment opportunity. With its recent e-commerce developments, its potential to soar even higher are especially magnified.

    Netflix Inc

    Any list that discusses the best long-term growth stocks and the major players of the last decade which omits Netflix Inc. (NASDAQ: NFLX) is essentially incomplete. Before its price plummet in late 2021, the stock had climbed by an incredible 7400% since 2011. During this period the stock ballooned from $9 to one trading on the verge of $700. Although this was followed by a hard plummet down to $200, the decade-long momentum Netflix holds remains incredible.

    10 years ago, Netflix was making its mark as an emerging star in the digital entertainment realm and remained the leader in HD film and series content streaming through the internet. It began its transition from a DVD provider with a mail-rented business model to an internet streamer in 2007. Since then, the streaming pioneer has seen an explosive growth surge and has maintained the top position in the sector. Netflix became a household name across the globe, and its paid subscriber figure grew to 220 million throughout 190 countries. The company stands as an example of how far a company can fly, owing to the sheer magnitude of an innovation-driven approach in the digital age.

    Netflix presently faces a number of challenges, with the primary being its shrinking userbase. This comes as a result of password sharing amongst users, migration to other platforms, as well as digital piracy. Despite this, the company has its sights set far. Its recent second-quarter earnings of 2022 brought a sigh of relief as it lost less than half the amount of customers it had anticipated. The company recently announced a strategic shift towards an ad-tier streaming model, which is likely to ensure financial sustainability. In order to achieve these strategic goals, Netflix had been in contact with video advertising developer, Roku Inc. (NASDAQ: ROKU) for a business partnership. The market has also been circulating with unconfirmed reports of a potential acquisition by the tech giant, Microsoft Corporation (NASDAQ: MSFT).

    Regardless of the direction the company takes, its innovative track record and strategic flexibility make it unlikely to wither into insignificance. The stock continues to hold enormous growth potential and the ability to rebound amidst wider macroeconomic stresses.

    Conclusion

    When investors are looking on to catch on with long-term momentum, the best bet is to look at the past. Past trends highlight which stocks have soared against market disruptions. This approach sheds light on safe stocks capable of withstanding uncertainties. Each of the four stocks discussed above shed light upon some of the most stellar stocks of the last ten years. Discussed above are the promising prospects of each of these stocks, along with an argument as to why each is likely to maintain its longer-term growth trajectory.

  • Netflix Inc. (NFLX)’s Q1 2022 Earnings Reveals its First Subscriber Drop in a Decade, Stock Sinks to New Low

    On April 19, Netflix Inc. (NFLX) declared its financial results for the first quarter of 2022. The earnings release raised some alarming questions about the streaming giant’s growth and performance. Investors were spooked enough by its first subscriber drop in a decade to not only cause NFLX but many other streaming stocks to take a hit.

    Source: NPG

    NFLX stock tumbled down by a huge 25.73% in the after-hours session on Tuesday following the earnings release. Thus, the stock plunged down to a new low of $258.90 in the session against its previous 52-week low of $329.82.

    NFLX’s Q1 Earnings Review

    The streaming company’s latest earnings presented a very bleak picture with revenue and subscriber growth both below expectations. NFLX’s quarterly revenue fell below the expected $7.93 billion at $7.78 billion for Q1. The revenue grew by a mere 9.8% YOY.

    Moreover, what raised many alarms and fears was the decline in the giant’s subscribers. The company lost 200,000 subscribers globally in Q1 2022 while it was expected to add 2.7 million. This is the first time in a decade that the company has dropped subscribers. Furthermore, the company deemed the suspension of services in Russia due to its invasion of Ukraine as a reason for the decline in subscribers. Increasing competition with many new streaming services coming out continuously amid rising inflation and Netflix password sharing were also among the reasons.

    Additionally, what’s even worse is that the company expects to lose another 2 million subscribers in the current quarter with decreased growth in the near future.

    Market Analysis

    The outbreak of the pandemic while confining people to their homes led to a new era of streaming services. Lately, streaming wars have been heating up immensely. Streaming platforms have been spending a lot of money for gaining market share in a highly increasing competitive environment. Video streamers like TikTok and others have garnered immense popularity while many new services are launched regularly in the market.

    The coming of a variety of streaming services amid rising inflation and ongoing economic instability has displaced many known names in the industry with NFLX also taking a harsh hit.

    NFLX’s Questionable Future?

    As Covid led to a boost in NFLX revenue, the company’s judgment about its growth was clouded. Thus, now that the pandemic has calmed, NFLX was given a harsh reality check in form of declining subscribers amid increasing competition. While it still expects decreased growth in the near term, the company has outlined a detailed plan to grow revenue in the long term. But the market situation and increasing competition have investors worried about the giant’s future.

  • Netflix, Inc. (NFLX) Stock Nose-dived in the Pre-Market. Here’s the Reason

    Netflix, Inc. (NFLX) is a leading global entertainment streaming platform with a customer base ranging worldwide. The company offers paid membership to its customers to enjoy documentaries, TV series, and feature films in different languages. Members have the access to the content anytime and anywhere using the internet.

    The price of NFLX stock during the regular trading on January 20, 2022, was $508.25 with a slight deceleration of 1.48%. At last check in the pre-market, the stock further nose-dived by 21.37%.

    NFLX: Key Financials

    NFLX on January 20, 2022, reported its fourth-quarter 2021 financial results for the quarter ended December 31, 2021. Some of the key financial highlights are as follows.

    Revenue

    Revenue of the company in the fourth quarter of 2021 was $7.7 million compared to the same period of 2020 when it was $6.6 million.

    Net Income per Share

    Basic and diluted net income per share for the fourth quarter of 2021 was $0.6 million or $1.37 (basic) and $1.33 (diluted). The net income in the same period of 2020 was $0.54 million or $1.23 (basic) and $1.19 (diluted).

    NFLX: Events and Happenings

    On January 20, 2022, NFLX reported about its team and Aardman collaboration for the new ‘Chicken Run’ sequel and shared its details. NFLX reported about the release of the feature film ‘Nyad’ on January 20, 2022, on its platform. On January 18, 2022, the company reported on the introduction of a filmmakers’ initiative to help find new voices in the storytelling genre.

    On January 14, 2022, NFLX reported serving a documentary series after men’s and women’s pro-tennis players in ATP and WTA tours and other grand slam events. The company on January 13, 2022, reported about premiering a new comedy series ‘Murderville’ on February 3, 2022. On December 16, 2021, NFLX reported about its creative collaboration with academy award winner actor Spike Lee.

    On December 7, 2021, the company reported on partnering with IllumiNative to support the local talented producers. NFLX on December 3, 2021, reported first look collaboration with Antoine Fuqua for launching a new production company.

    Conclusion

    NFLX stock dipped 1.05% from the past six months period because of the slowing economic conditions due to the prevailing pandemic environment. The current premarket dip in the stock price is the outcome of the recent announcement by the company of its fourth-quarter financial results. The analysts are suggesting a strong bounce back from the company in view of its latest ventures.

  • Netflix, Inc. (NFLX) stock falls in the Tuesday aftermarket: Why is it so?

    Netflix, Inc. (NFLX) stock falls in the Tuesday aftermarket: Why is it so?

    Shares of Netflix, Inc. (NFLX) stock continued to fall in the after-market session yesterday after facing the downtrend of 0.88% at the previous closing. NFLX price faced a downtrend of 8.76% to drop at $501.44 a share in the late hours of Tuesday, April 20, 2021. This fall is attributed to the recently announced first-quarter results by NFLX stock in which Netflix subscriber growth sharply decreased. Let’s discuss the recent results in detail.

    NFLX stock earnings and revenues:

    NFLX stock posted $3.75 earnings per share in the first quarter of 2021 as compared to $1.57 earnings per share in the same quarter of the previous year. The Zacks Consensus estimate for the NFLX was $2.98 earnings per share.NFLX stock has beaten the Zack Consensus estimate of revenue by 0.39% and generated $7.16 billion revenue in the first quarter of 2021 as compared to $5.77 billion in the same tenure of the previous year.Net income of NFLX rose to $1.71 billion from$709 million as compared to the first quarter of 2020.

    NFLX stock sharply decreased the Subscriber Growth:

    Netflix stock subscribers’ growth decreased sharply in the first quarter of 2021 as it just added 3.98 million subscribers in its database which is very much less as compared to 15.8 million new paying users in the same quarter of the prior year. The first three-month new subscriber number is also less than the NFLX’s own guidance of 6 million from January.

    Why subscriber’s growth decreased?

    Management thinks that the decreased subscriber’s growth is attributed to COVID-19 which greatly hit the production of T.V shows, and movies thus slowed down the production process. The projected number of new subscribers for the second quarter is just 1 million by NFLX stock while analysts had previously projected it to be nearly 4.8 million.

    Netflix plans:

    Management of Netflix is optimistic that its membership growth will again take the rising momentum in the second quarter as it is going to release the new seasons of  “You,” “Money Heist,” and “The Witcher” along with the action movie Red Notice,” and many others.

    Conclusion:

    It is obvious that shares of NFLX stock plunged due to decreased subscribers’ growth in the first three months of 2021. Moreover, Netflix is facing great competition as rival media companies are spending billions to compete with it. Management is optimistic that the NFLX stock would again get the rising momentum after releasing blockbuster movies and seasons in the second quarter of 2021. The consensus estimate of revenues for the second quarter is $7.37 billion and $30.01 billion for the fiscal year 2021. In a nutshell, good homework about NFLX stock is necessary for investors.

  • The 3 Best Tech Stocks to Buy Now

    The 3 Best Tech Stocks to Buy Now

    The tech market is a mega-industry with potential investment options in 2021.

    In 2021, things have kick stared with a much positive environment compared to last year. The inauguration of the 46th US President, Joe Biden has brought hope for the stock market. The tech stocks were responsible for most of the market gains.

    The digital revolution has been the main reason why tech stocks have caught attention in the past few years. And, in the time of the pandemic, their significance has increased even more. In today’s world, every company is somehow linked with technology. So, the importance of technology is immense, with more networking turning to online networking—using various tech services.

    Let’s have a look at the three best tech stocks for buy in the nearfuture.

    Netflix (NFLX)

    Netflix (NFLX) has been one of the standout tech stocks in the market. The growth of subscription-based content platform has enormously spiked in the COVID era. The company was on a constant growth prior to the beginning of the pandemic, as well.

    In the past month, Netflix surpassed 203 million subscribers worldwide, continuing the dominating first spot among its counterparts. The company has always highlighted the strength of its network and increasing viewers. 

    Netflix is back with its production and new shows that have recently got attention. One of them is The Queen’s Gambit, The Crown, and Tiger King. With the start of 2021, the streaming giant has revealed its collaboration with Shonda Rhimes—a popular figure known for Grey’s Anatomy and Scandal, to name a few.

    In particular, the new show Bridgerton has become the biggest series hit ever on Netflix. The company reported that more than 82 million people watched the series in the first 28 days. Things don’t stop here. Bridgerton was hit everywhere it was released, making it to the top 10 list in every country where it debuted, excluding Japan.

    With Netflix’s revival with its original’s recently, the company sees good times ahead with new production underway. So, Netflix (NFLX) is one of the tech stocks to go with this year.

    PayPal (PYPL)

    The online payments titan, PayPal (PYPL) has recently got attention due to its adoption of cryptocurrencies. 2020 was a transformative year for the company—diversifying its ecosystem with Bitcoin adoption.

    The company recorded a record number of new users with a jump in online commerce during the pandemic. Reportedly, PayPal added nearly 72 million new users, including a notable increase in its total payment volume during the past 12-months. The rapid increase in payment volume was driven by the option to buy and hold cryptocurrencies such as Bitcoin, Ethereum, etc.

    PayPal is an easy to use and very convenient platform for payments. The company has secured its position to lead the digital payment world—in the coming years. The CEO of PayPal, Dan Schulman on the Q4 earnings call said that they released more products and services in 2020 compared to prior years, and will up the pace in 2021. So, PayPal (PYPL) is another interesting stock that is a potential opportunity for investors.

    Oracle Corp. (ORCL)

    Oracle Corp. (ORCL) another prominent tech stock that soared up to 1.4% in Jan. 2021. The company is one of the pioneers of database technology and through various acquisitions, it has built numerous tech niches.

    Oracle is working across different cloud-based solutions and fulfill the need of the hour. Recently, the company announced its partnership with Mastercard to launch an automated, end-to-end solution to support financial services and governments.

    The new solution would be created to help the institutions through swift and real-time payment methods such as Mastercard Send and Prepaid Solutions. This would lower the resistance that is caused by the uneconomic distress due to the pandemic.

    So, we have these three top-rated companies that have an edge in the market as we head forward.

  • Best Media Companies that you cannot ignore in 2021

    Best Media Companies that you cannot ignore in 2021

    Media is creating a huge impact in our lives as well as in business. Everyone is spending 8 to10 hours per day interacting with media in one form or another. Media companies produce and promote their content to make money from our consumption. Media giants compete with one another to maintain their existence in this advanced era. Some of the media giants that may outperform in 2021 are discussed below.

    Cable One, Inc. (CABO)

    Cable One, Inc. (CABO) is a broadband communication provider that provides data, video, and voice services to more than 950,000 residential and business customers in the United States. The company entertains consumers with a wide array of connectivity and entertainment services involving high-speed internet and advanced Wi-Fi solution, cable television, and phone service.

    The company generated $339 million in the 3rd quarter of 2020 which is significantly higher than $285 million in the 3rd quarter of 2019. Analysts are expecting that Cable One will announce its sales revenue ranging from $1.32 billion to $1.34 billion for the current fiscal year. For the next fiscal year, it is expected that sales might be between $1.36 to $1.41 billion.

    The company’s overall progress seems good as it has grown both its revenue and profit over the last few years, but it has diluted shareholders by expanding its no of shares on issue by 5.5% over the last year which has created an impact on its earning per share. So it is important to keep an eye on its EPS which will decide the fate of its shareholders.

    Comcast Corporation (CMCSA)

    Comcast Corporation (CMCSA) is one of the biggest media and technology company that operates via cable communication, cable networks, broadcast television, Filmed Entertainment, Theme Parks, and Sky segments. The company has announced its fiscal fourth-quarter report on Thursday the results of which surpass the expectations of analysts.

    The company generated $27.71 billion revenue in the fourth quarter that is more than $26.78 billion expected by the Refinitiv survey of analysis with a rise of 6.9% in its net profit.538,000 high-speed internet customers were added as compared to 490,000 expected in the FactSet Survey. The company’s agreement to stream wrestling matches and the recent launch of “The Office” resulted in 33 million sign-ups in NBCUniversal’s Peacock which is far more than 22 million in the last quarter.

    Growth in net profit owes to the company’s broadband business but its movie and theme-park units suffered a lot due to the coronavirus pandemic. Theme-park revenue decreased 63% to $579 million and filmed entertainment division suffered an 8.3% drop in revenue to $1.43 billion.

    The company is optimistic to produce better results in 2021 as the rollout of vaccines will rebound its affected business areas.

    Netflix, Inc. (NFLX)

    Netflix Inc. (NFLX) is an American media service provider company that offers T.V series, documentaries, and feature films to its subscribers via a host of internet-connected screens. The company’s network is extended to 190 countries with roughly 200 million paid subscribers.

    Netflix has incredibly attracted the audience over the last few years through its engaging feature films, T.V series, and adult animated content. The company is also investing an enormous amount into children’s programming and animated films. The media company outperformed in the 4th quarter of 2020 and added more than 8.5 million subscribers to the list with increasing subscription prices.

    The company is playing smartly to wean itself from debt and to use its internally generated cash flow of $8.2 billion for future growth. Furthermore, the company’s management is taking an interest in share buyback which Netflix has not done in a decade. The current circumstances show that Netflix can be more profitable in the future due to a good cash flow in hand, faster rate of subscriptions and less relying on external finance for future growth.

  • Early Morning Vibes: The 4 Best Stocks To Buy Now

    Early Morning Vibes: The 4 Best Stocks To Buy Now

    On January 19, American stock indexes finished trading in the green zone. The S&P 500 Index rose 0.81% to 3799 points, the NASDAQ rose 1.53%, the Dow Jones added 0.38%. The optimism was driven by a call for Congress, Janet Yellen, who will become the next finance minister, to increase fiscal stimulus by raising government spending. The tech sector emerged as one of the top gainers with 1.31% as Janet Yellen opposed a sharp increase in corporate taxes.

    Corporate news

    • Investment bank Goldman Sachs (GS: -2.3%) showed strong results, but management was cautious in forecasting gains from trading.
    • General Motors (GM: + 9.8%) entered into a partnership agreement with Microsoft (MSFT: + 1.8%) to commercialize electric vehicles with autopilot function.
    • Lithium Americas (LAC: + 30.6%) has been cleared by the Bureau of Land Management to mine lithium in Nevada.

    Today, global stock markets are showing mixed dynamics. The news background is mostly calm. Investors are focusing on the inauguration of Joe Biden, who will become the 46th President of the United States. In the first hours and days as head of state, Biden plans to repeal a number of Donald Trump’s decrees related to climate policy, immigration, and a number of other aspects. What really matters for the stock market will be decisions related to the fight against COVID-19. It is expected that Biden will oblige citizens to wear masks on federal sites and establish additional sanitary rules. In the first 100 days of his term, the new head of state expects that 100 million people will be vaccinated against the coronavirus. Investors will watch to see how successfully this plan is implemented.

    The epidemiological situation in the United States is gradually improving, which has a positive effect on the mood of market participants. The number of patients hospitalized with coronavirus infection fell to 123.8 thousand from a historical high of 132.5 thousand, reached two weeks earlier. Probably, the peak loads on US hospitals have been left behind. In the near future, volatility across sectors and industries will increase due to the publication of quarterly reports. Investor expectations are generally positive, but management’s forecasts for 2021 will be critical.

    Meanwhile, the Freedom Finance Sentiment Index climbed to 58 out of 100. The index reflects market participants’ hope for a global economic recovery in 2021. Concerns about the negative impact of the coronavirus pandemic are weakening thanks to the prospect of mass vaccinations.

    Technical picture

    Technically, the S&P 500 is still prone to short-term consolidation. On the eve of the broader market index showed a sharp rebound from the level of 3750 points, signaling the continued strength of buyers. Technical indicators are a mixed bag. In case of confident overcoming of the historical maximum at 3827 points, the S&P 500 will continue its upward movement within the equidistant channel.

    Today Top Movers

    BEST Inc (BEST), a trucking company, soared about 12.20% ‎at $2.30 in pre-market ‎trading Wednesday on a possible deal with Alibaba Group. ‎ ‎‎

    ‎Aikido Pharma Inc (AIKI) share price jumped 15.45% to $1.27 during early morning ‎trading session on ‎Wednesday.‎‎‎ ‎‎

    ‎PC-Tel Inc (PCTI) stock ascended 26.58% at $11.24 in the pre-market trading today after declaring a development partnership with Zeem Solutions.‎‎ ‎‎

    ‎Sundial Growers Inc (SNDL) gained over 2.90% at $0.71 in pre-market ‎trading on Wednesday.‎‎

    Top Upgrades & Downgrades

    UBS turned bullish on Netflix Inc. (NFLX), upgrading the stock to “Buy” and assigning a $650.0 price target, representing potential upside of 29.54% from Tuesday’s close.

    The Boeing Company (BA) has won the favor of Berenberg’s equity research team. The firm upgraded the shares from Sell to Hold and moved their price target to $215.0, suggesting 2.06% additional upside for the stock.

    Polaris Inc. (PII) received an upgrade from analysts at BMO Capital, who also set their one-year price target on the stock to $136. They changed their rating on PII to Outperform from Market Perform in a recently issued research note.

    Earlier Wednesday BTIG reduced its rating on Beyond Meat Inc. (BYND) stock to Neutral from Buy.

    Piper Sandler analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Global Blood Therapeutics Inc. (GBT) has been changed to Neutral from Overweight and the new price target is set at $50.

    Analysts at Piper Sandler downgraded ShockWave Medical Inc. (SWAV)’s stock to Neutral from Overweight Wednesday.

    Latest Insider Activity

    IHS Markit Ltd. (INFO) EVP, CFO Gear Jonathan announced the sale of shares taking place on Jan 19 at $87.50 for some 4,000 shares. The total came to more than $0.35 million.

    Teladoc Health Inc. (TDOC) Head of Research & Development WANG YULUN sold on Jan 14 a total of 243,768 shares at $226.66 on average. The insider’s sale generated proceeds of almost $1.81 million.

    Orgenesis Inc. (ORGS) Director SIDRANSKY DAVID declared the purchase of shares taking place on May 20 at $6.98 for some 10 shares. The transaction amount was around $70.

    Old Republic International Corporation (ORI) Director KOVALESKI CHARLES J bought on Jan 13 a total of 10,346 shares at $18.74 on average. The purchase cost the insider an estimated $4,685.

    Important Earnings

    Top US earnings releases scheduled for today include Morgan Stanley (NYSE: MS). It will announce its Dec 2020 financial results. The company is expected to report earnings of $1.27 per share from revenues of $11.54B in the three-month period.

    Analysts expect U.S. Bancorp (NYSE: USB) to report a net income (adjusted) of $0.95 per share when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $5.82B.

    Kinder Morgan Inc. (KMI), due to announce earnings after the market closes today, is expected to report earnings of $0.24 per share from revenues of $3.05B recently concluded three-month period.

  • All Hail Streaming King Netflix Inc. (NFLX)

    All Hail Streaming King Netflix Inc. (NFLX)

    Netflix (NFLX) has achieved another milestone by having a 203.6 million customer base. This is an epic achievement and joins the infamous 200-club which already includes the likes of YouTube and Steam. Netflix saw huge growth potential in 2020 when the whole world was in lockdown mode. The pandemic caused millions of users to spend their extra time streaming on Netflix. However, this might change as many other studios and companies are catching up to the Netflix product model after what Netflix has been accomplishing for years.

    Netflix made $25 billion in annual revenue and is telling shareholders that they no longer require money to raise external financing signaling that Netflix no longer is the borrower. Netflix shows like The Queen’s Gambit and Emily in Paris provided a sizable fan base but The Crown helped solidify Netflix’s prime position.

    Netflix former best friend turned rival Disney + recently launched The Mandalorian Season 2 which caused an internet meltdown by Star Wars fans. From the numbers standpoint, 60 million watched the Queen’s Gambit within a month marking it the second most-watched limited series on Netflix.

    Unlike Disney +, HBO Max, or even Peacock, Netflix has global outreach while these studios were releasing movies in cinemas, Netflix was generating revenue through its streaming platform. There was a time when Blockbuster tried to buy off Netflix but Netflix turned them down. Good instinct on Netflix Team`s part.

    Netflix has a slew of upcoming shows including the return of Geralt of Rivia and the hit Umbrella Academy.  Netflix will face stiff competition from Disney + MCU-inspired shows and HBO’s MAX same-day release-stream option. This year will truly signal who truly is the king of streaming wars.

  • 10 Trending Stocks In Entertainment Industry

    10 Trending Stocks In Entertainment Industry

    The Entertainment Industry is continuously changing and adopting new trends to provide a frictionless experience to customers. This industry is embracing new innovation and technologies to better meet consumer demands. The entertainment industry is often the most proactive one in enhancing itself for the digital shifts of tomorrow and 2020 is no different.

    One thing which is constant is change. 2020 is the year of change. Due to the pandemic, the demand in this industry is continuously increasing. The demand side is the viewers, you, and us. We are the ones who create the demand. There are various media and entertainment industry trends in 2020. These trends include The rise of the online streaming platform, The emergence of new data models and advanced algorithms, and ad-supported video.

    Check out these companies in the entertainment industry to see whether they are following the above-mentioned trends or not:

    Genius Brands International Inc. (NASDAQ: GNUS)

    Genius Brands International Inc. (NASDAQ: GNUS) shares were trading up 2.14% at $1.43 at the time of writing on Thursday. Genius Brands International Inc. (NASDAQ: GNUS) share price went from a low point around $0.05 to briefly over $11.73 in the past 52 weeks, though shares have since pulled back to $1.43. GNUS market cap has remained high, hitting $288.56M at the time of writing, giving it a price-to-sales ratio of more than 50.

    Attorney Advertising Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Genius Brands and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Genius Brands securities between March 17, 2020, and July 5, 2020.

    Comcast Corporation (NASDAQ: CMCSA)

    Comcast Corporation (NASDAQ: CMCSA) last closed at $45.11, in a 52-week range of $31.70 to $47.74. New Video Marketplace Report from FreeWheel Shows Ad Views in 1H2020 Grew Over 32% compared to the same time last year. Analysts have a consensus price target of $51.32. Comcast Corporation (CMCSA) market cap has remained high, hitting $208.13 billion at the time of writing.

    AMC Entertainment Holdings Inc. (NYSE: AMC)

    AMC Entertainment Holdings Inc. (NYSE: AMC) stock drop by -6.08% to $2.78 after Chicken Soup for the Soul Entertainment’s Screen Media to Bring ‘The Outpost’ Back to Theaters for Special Veterans Day Screenings. The most recent rating by B. Riley Securities, on October 12, 2020, is at a Neutral. AMC Entertainment Holdings Inc. (AMC) market cap has remained high, hitting $310.66 Million at the time of writing.

    Cinemark Holdings Inc. (NYSE: CNK)

    Cinemark Holdings Inc. (NYSE: CNK) fall -2.36% after losing more than -$0.19 on Thursday. Chicken Soup for the Soul Entertainment’s Screen Media to Bring ‘The Outpost’ Back to Theaters for Special Veterans Day Screenings. Cinemark Holdings Inc. (CNK) market cap has remained high, hitting $963.45 Million at the time of writing.

    fuboTV Inc. (NYSE: FUBO)

    fuboTV Inc. (NYSE: FUBO) Shares headed rising, higher as much as 15.77%. fuboTV Inc. (FUBO) revealed the closing of its previously announced public offering of 18,300,000 shares of its common stock at the public offering price of $10.00 per share pursuant to an effective Registration Statement on Form S-1 filed with the U.S. Securities and Exchange Commission (SEC).

    Roku Inc. (NASDAQ: ROKU)

    Roku Inc. (NASDAQ: ROKU) fall -2.82% after losing more than -$6.58 on Thursday. Roku Issues Statement in MV3 Partners LLC Case. Roku Inc. (ROKU) has announced earlier that it is scheduled to announce the 2020 third-quarter earning on November 5, 2020.

    Discovery Inc. (NASDAQ: DISCA)

    Discovery Inc. (NASDAQ: DISCA) last closed at $20.97, in a 52-week range of $17.12 to $33.65. Analysts have a consensus price target of $24.57. Discovery Inc. (DISCA) revealed it has expanded relationship with Discovery in support of its leading real life entertainment streaming service, dplay platform, to maximise programmatic advertising capabilities.

    The Walt Disney Company (NYSE: DIS)

    The Walt Disney Company (NYSE: DIS) shares headed rising, higher as much as 0.61%. The most recent rating by Loop Capital, on October 13, 2020, is at a Buy. The Walt Disney Company (DIS) share price went from a low point around $79.07 to briefly over $153.41 in the past 52 weeks, though shares have since pulled back to $127.31. DIS market cap has remained high, hitting $226.67 billion at the time of writing.

    ViacomCBS Inc. (NASDAQ: VIAC)

    ViacomCBS Inc. (NASDAQ: VIAC) last closed at $27.83, in a 52-week range of $10.10 to $43.04. Analysts have a consensus price target of $27.54. ViacomCBS Inc. (VIAC) has moved up 174.46% from its 52-weeks low and moved down -35.59% from its 52-weeks high. VIAC market cap has remained high, hitting $17.65 billion at the time of writing.

    Netflix Inc. (NASDAQ: NFLX)

    Netflix Inc. (NASDAQ: NFLX) stock soar by 0.09% to $541.94. The most recent rating by Canaccord Genuity, on October 15, 2020, is at a Buy. Netflix Inc. (NFLX) share price went from a low point around $265.80 to briefly over $575.37 in the past 52 weeks, though shares have since pulled back to $544.65. NFLX market cap has remained high, hitting $235.61 billion at the time of writing.

     

     

     

  • 12 Trending Stocks In Entertainment Industry You Should Invest In

    12 Trending Stocks In Entertainment Industry You Should Invest In

    Entertainment has grown as an industry with an increased income and time available for leisure and recreation. This industry is best known for its ability to adapt to new and reflect quickly changing customer tastes. Working in the entertainment industry is challenging and exciting as new changes and trends evolve with the passage of time. The growth of the entertainment industry is directly proportional to the development of a modern economy and rising economic productivity.

    With the increase in technology and demands for entertainment products and services led to the creation of more innovations in this industry. The entertainment industry is continuously changing and has experienced major transformations with evolving trends.

    Let’s see the following companies to see how they are following new markets trends to keep pace with other companies in the market:

    Genius Brands International Inc. (NASDAQ: GNUS)

    Genius Brands International Inc. (NASDAQ: GNUS) shares were trading down -6.31% at $1.04 at the time of writing on Thursday. Genius Brands International Inc. (NASDAQ: GNUS) share price went from a low point around $0.05 to briefly over $11.73 in the past 52 weeks, though shares have since pulled back to $1.04. GNUS market cap has remained high, hitting $189.98M at the time of writing, giving it a price-to-sales ratio of more than 30.

    Genius Brands International Inc. has revealed earlier that Marc Rosenberg has been named as the President of Global Brands and Chief Marketing Officer. Marc is one of the most well-respected marketers in the children’s space.

    Comcast Corporation (NASDAQ: CMCSA)

    Comcast Corporation (CMCSA) last closed at $45.70, in a 52-week range of $31.70 to $47.74. Analysts have a consensus price target of $49.32. Comcast Corporation (CMCSA) revealed earlier that Amy Banse, Executive Vice President of Comcast and Managing Director and Head of Funds for Comcast Ventures, is retiring after nearly three decades at Comcast. The company has also announced that it has signed an agreement with REVOLT to significantly expand its availability to Xfinity TV customers across the country in new and existing markets.

    Cinemark Holdings Inc. (NYSE: CNK)

    Cinemark Holdings Inc. (NYSE: CNK) shares headed falling, lower as much as -5.33%. The most recent rating by The Benchmark Company, on August 20, 2020, is at a Buy. Cinemark Holdings Inc. (CNK) has reopened approximately 75 percent of its U.S. circuit and has received positive customer feedback. Ninety-seven percent of Cinemark moviegoers surveyed expressed satisfaction with Cinemark protecting their health and safety.

    Roku Inc. (NASDAQ: ROKU)

    Roku Inc. (NASDAQ: ROKU) fall -4.80% after losing more than -$8.98 on Thursday. Roku Inc. (ROKU) has earlier announced that it has added NBC’s Peacock in its platform. Peacock provides access to more than 20,000 hours of on-demand movies and shows, as well as live news and sports programming, from NBCUniversal and beyond. This company market capitalization has remained high, hitting $22.81 billion at the time of writing.

    The Walt Disney Company (NYSE: DIS)

    The Walt Disney Company (NYSE: DIS) last closed at $122.49, in a 52-week range of $79.07 to $153.41. Analysts have a consensus price target of $134.91. The Walt Disney Company (DIS) will lose its option to buy a plot of land next to its Hong Kong theme park that was to allow for future expansion after the city’s government said on Wednesday it would not extend the option due to current economic conditions.

    Discovery Inc. (NASDAQ: DISCA)

    Discovery Inc. (NASDAQ: DISCA) rose 0.95% after gaining more than $0.2 on Thursday. Discovery Inc. (DISCA) announced the expiration date results of its earlier revealed transaction to purchase five series of outstanding senior notes issued by its wholly-owned subsidiary, Discovery Communications, LLC. This company market capitalization has reminded high, hitting $10.35 billion at the time of writing.

    Discovery Inc. (DISCK)

    Discovery Inc. (DISCK) last closed at $19.19, in a 52-week range of $15.43 to $31.20. Analysts have a consensus price target of $24.33.  Discovery Inc. (DISCK) announced the expiration date results of its earlier revealed transaction to purchase five series of outstanding senior notes issued by its wholly-owned subsidiary, Discovery Communications, LLC.

    Live Nation Entertainment Inc. (NYSE: LYV)

    Live Nation Entertainment Inc. (NYSE: LYV) stock drop by -0.84% to $50.91. The most recent rating by Berenberg, on March 31, 2020, is at a Hold. Live Nation Entertainment Inc. (LYV) has earlier announced several initiatives to encourage civic engagement and support access to voting in the 2020 elections. This company market capitalization has remained high, hitting 11.37 billion at the time of writing.

    DISH Network Corporation (NASDAQ: DISH)

    DISH Network Corporation (NASDAQ: DISH) shares headed falling, lower as much as -0.05%. The most recent rating by BofA/Merrill, on March 12, 2020, is at a Buy. DISH Network Corporation (DISH) has earlier chosen inventory and service order management software from Blue Planet, a division of Ciena, to intelligently automate its 5G wireless network.

    ViacomCBS Inc. (NASDAQ: VIAC)

    ViacomCBS Inc. (NASDAQ: VIAC) stock soar by 1.15% to $29.15. The most recent rating by Wells Fargo, on August 27, 2020, is at an Equal-weight. ViacomCBS Inc. (VIAC) share price went from a low point around $10.10 to briefly over $43.04 in the past 52 weeks, though shares have since pulled back to $29.15. VIAC market cap has remained high, hitting $18.15 billion at the time of writing.

    AMC Entertainment Holdings Inc. (NYSE: AMC)

    AMC Entertainment Holdings Inc. (NYSE: AMC) stock drop by -3.56% to $4.61. The most recent rating by B. Riley FBR, on September 14, 2020, is at a Neutral. AMC Entertainment Holdings Inc. (AMC) has moved up 136.41% from its 52-weeks low and moved down -58.60% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 0.40. This company market cap has remained high, hitting $508.39 Million at the time of writing.

    Netflix Inc. (NASDAQ: NFLX)

    Netflix Inc. (NASDAQ: NFLX) shares headed rising, higher as much as 0.52%. The most recent rating by KeyBanc Capital Markets, on September 15, 2020, is at an Overweight. Netflix Inc. (NFLX) share price went from a low point around $253.70 to briefly over $575.37 in the past 52 weeks, though shares have since pulled back to $473.08. NFLX market cap has remained high, hitting $208.74 billion at the time of writing.