Netflix (NFLX) has once again proven its mettle in the streaming wars, delivering a stellar third-quarter 2024 performance that cements its position as the industry leader. The company's impressive earnings beat and raised guidance make it a compelling case for investors looking to capitalize on the growing digital entertainment market.In a knockout quarter, Netflix reported earnings of $5.40 per share, surpassing the Zacks Consensus Estimate by 6.09% and posting a remarkable 44.8% year-over-year increase. ...

Netflix still sees a lot of room to expand margins. Netflix (NFLX 0.95%) isn't the stock market darling it once was. While the video streamer was once squarely featured in the FAANG group of fast-growing tech stocks, it's the only one of the group to be left out of the "Magnificent Seven," one of the current groupings of elite tech stocks. The company suffered a setback as the pandemic wound down -- subscribers briefly dipped and profits fell -- but Netflix has adapted to the new streaming landscape and is ...

Netflix (NFLX) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, NFLX crossed above the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.Similar ...

Netflix (NFLX) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, NFLX broke through the 50-day moving average, which suggests a short-term bullish trend.One of the three major moving averages, the 50-day simple moving average is commonly used by traders and analysts to determine support or resistance levels for different types of securities. However, the 50-day is considered to be more important since it's the first marker of an up or down tr ...

U.S. stocks settled higher on Friday, with the Dow Jones index and S&P 500 jumping to fresh record highs during the session. All three major indices recorded gains for the sixth straight week, with the Dow and S&P 500 gaining 0.96% and 0.85%, respectively. The Nasdaq, meanwhile, added 0.80% last week.Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one sin ...

Have you evaluated the performance of Netflix's (NFLX) international operations for the quarter ending September 2024? Given the extensive global presence of this internet video service, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must ...

The stock may have a lot more upside ahead.Netflix (NFLX 11.09%) stock has been an incredible performer, up more than 1,100% over the past 10 years. The stock's momentum has continued this year, with its shares up more than 50%, boosted by its most recent quarterly results.The company continues to be the big winner in the streaming space, and saw another nice jump in paid memberships in Q3. Meanwhile, it provided a solid outlook for next year.Let's take a closer look at Netflix's Q3 results and determine wh ...

Netflix keeps beating the competition in streaming and there's a simple explanation as to why. Netflix (NFLX 11.09%) reported yet another great quarter last week, continuing to add subscribers and improve the bottom line. How does Netflix stay ahead with so many streaming competitors? In this video, Travis Hoium explains why Netflix is still winning in streaming. *Stock prices used were end-of-day prices of Oct. 17, 2024. The video was published on Oct. 19, 2024. ...

Netflix is firing on all cylinders, but should the all-time-high stock price give investors pause?Streaming giant Netflix (NFLX 11.09%) has one of the most followed earnings releases. It gets more-than-average attention because Netflix reports early in each earnings cycle, but it also gets notice because it's a huge, consumer-facing company that many investors also likely subscribe to.When the company's third-quarter 2024 results were released after the market closed on Thursday, investors liked what they s ...

I'm specialized in fundamental equity research, global macro strategy, and top-down portfolio construction. I graduated from UCLA with a degree of Business Economics and UMich Ross School of Business with a Master of Accounting. I'm a senior analyst at a multi-strategy hedge fund. In my opinion, HODL can't generate significant alpha or maintain a high Sharpe ratio over the long run. Seeking Alpha requires active management and minimizing opportunity costs. Investors should understand seeking a high positive ...