![]() Hall: Matt, you and I both ranked it seventh. That's a wild card of how that's going to do, but I don't know that this has as much optionality as some of the other companies that I put ahead of it. I ended up ranking this one 5, and mainly because I think the optionality, it certainly is doing great with streaming video. It continues to have a lot of debt, which may be a concern why some of you ranked this one lower. Netflix has had a tremendous long-term history, but now it's getting into that matured stage where it mentioned it's going to be free cash flow positive soon. ![]() Netflix is one of those sticky services that once you get it, I don't even know how much I pay for Netflix, but I totally wouldn't give it up even though we've signed on to a number of other different streaming providers. They have a tremendous business as the company looks to localize content, and the streaming business just gets more and more affordable to customers around the world. Things like Squid Game, which originated out of Korea, is hitting it globally. Let me say that again, 190 countries around the world. ![]() There's a question, I think short-term investors are looking at Netflix and going, "Is the growth run out of this company?" To me, when I look at a company that is streaming video in 190 countries around the world. That really spooked investors off, and the stock sold down considerably right after earnings. Netflix in its most recent quarter announced outlooks, you can see that Q1 outlook of 10% and subscriber growth of only 2.5 million. Withers: Part of I think what's happened to Netflix recently is important for long-term investors to understand, is you see the E there, and then this precipitous drop right afterwards. *Stock Advisor returns as of April 7, 2022īrian Withers: Netflix, interestingly enough, it actually tied Booking Holdings for No. and Netflix wasn't one of them! That's right - they think these 10 stocks are even better buys. The S&P 500 posted one new 52-week high and four new lows the Nasdaq Composite recorded 77 new highs and 20 new lows.They just revealed what they believe are the ten best stocks for investors to buy right now. exchanges was 11.90 billion shares, compared with the 10.87 billion average for the full session over the last 20 trading days.Īdvancing issues outnumbered declining ones on the NYSE by a 3.55-to-1 ratio on Nasdaq, a 2.63-to-1 ratio favored advancers. Gains on the Dow were curbed, however, by a 2.54% fall in shares of Goldman Sachs Group Inc (GS.N) after the Wall Street Journal reported the Fed was probing the company's consumer business. economy shows signs of a slowdown and a possible recession.Īnalysts now expect year-over-year earnings from S&P 500 companies to decline 2.9% for the fourth quarter, according to Refinitiv data, compared with a 1.6% decline in the beginning of the year. ![]() Still, concerns about corporate earnings persist as the U.S. The Fed is largely expected to raise rates by 25 basis points (bps) at its Feb. On Friday, Fed Governor Christopher Waller said the central bank may be "pretty close" to a point where rates are "sufficiently restrictive" to cool inflation, which gave an additional boost to equities. REUTERS/Brendan McDermid Acquire Licensing Rightsįor the week, the Dow lost 2.7%, the S&P 500 shed 0.66% and the Nasdaq gained 0.55%.Ĭomments from Federal Reserve officials have largely said they expect interest rates to climb to at least 5% this year as the central bank continues to try and tamp down high inflation. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 29, 2022.
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