10777

The King of Streaming Is Down, But Not Out

Shares ofNetflix (NFLX) took a dive in after-hours trading on Tuesday as the company reported earnings. While earnings were fine, subscriber growth slowed to 208 million. That’s up 14 percent from a year before, but it’s also a sign that the boost at the start of the pandemic is starting to wear off. Despite the selloff, shares of Netflix were a top media play in the past year, edging out other companies that have also gotten into the streaming space. The selloff, ...
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10765

Reopening or Not, this Brand Leader Can Head Higher

Media companies have moved to embrace streaming services in the past few years. That move has proven astute, given the pandemic. Now, a handful of companies with other operations are likely to benefit from reopening. Those companies include the cohort of media plays that also offer theme parks, cruise lines or the like. The poster child for this reopening exposure isThe Walt Disney Company (DIS). Unsurprisingly, shares are starting to get upgraded as it appears that the pandemic restrictions are starting to ...
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10759

This Big Tech Laggard Prepares for a Jump Higher

The past few years has seen the rise of a handful of companies reach a market cap of $1 trillion. A few are now closing in on $2 trillion thanks to continued growth. One player near the $1 trillion mark has been an underperformer in this mega-market-cap space over the past year. But now signs are on track for it to close in on a $3 trillion valuation in the next three years. That company?Amazon (AMZN). The company just received a price ...
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10755

The Best Defense is a Solid Offense, Like a Dividend Growth Play

Earnings season is coming in strong so far, as companies are comparing to the start of the pandemic last year. A reopening economy is also helping. But with stocks already back to all-time highs, investors are starting to worry about possible inflation. That suggests a need to focus on companies that can pass on higher costs to consumers. One such play just reported better-than-expected results. That company?Pepsico (PEP). Besides beating earnings, the company noted that it may not engage in any more ...
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10751

Bank Earnings Justify Higher Prices for Mega-Firms

A number of big banks reported earnings earlier in the week. All of them beat expectations, although all of the big banks gave Wall Street traders a few cautious items to think about as well. A recovering economy largely helped to reduce reserves, and earnings and revenue were up overall. Of the big banks,Wells Fargo (WFC) looks the most interesting here. The company posted earnings of $1.05 per share, well above estimates of $0.71 per share. The stock has already been trending ...
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10743

Reopening Delays Bode Well for this On-Sale Sector

A rise in Covid shutdowns internationally, combined with concerns over vaccine safety, may point to a prolonging of a full economic reopening. In any event, the past few weeks have caused a pullback in a number of recently high-flying names. One of those areas is energy. While the sector is still up strongly for the year, the sector as a whole peaked in mid-March and has come back down. It’s starting to look like a solid entry point for long-term investors. For ...
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10740

Over-the-Top Performance Shows the Value of this Tech Giant Play

Nvidia (NVDA) has done it again. The graphics processing giant just took the thunder from a number of competitors by releasing the specs on its first line of data-center chips. That will open up an entirely new market for the company, and one with massive potential in a world driven by a need to quickly process big data. The company also noted that it would likely exceed its revenue forecast, as the firm has been a beneficiary from the recent semiconductor ...
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10737

This Utility-Like Play Offers Income and Modest Growth

Heavily-regulated industries tend to be mature, offering little in the way of growth, but most earnings can be given to shareholders as income. While power generation and telecoms tend to be fairly stable, the next step up the growth chain is that of waste management stocks. Not as regulated as these other industries, they tend to operate as a monopoly or duality in a municipality. That provides safety of cash flows, which in turn can translate into steadily growing profits and gradually ...
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