New Netflix Price Target Amid Mobile-First Transition
Here’s what we’ll be watching to determine the position’s place in the Portfolio.
Here’s what we’ll be watching to determine the position’s place in the Portfolio.
The streaming giant hasn’t been able to convince Wall Street after a poor revenue update.
China’s Mooshot AI model, Coca-Cola hacked, Netflix, and other headlines moving stocks this morning.
Is intense selling in AI-related names getting the market too bearish in front of key reports?
Wells Fargo lowers Its Netflix ($NFLX) price target to $80 from $105.
I continue to avoid this name.
I remain concerned that the company has saturated the more profitable developed markets —profitability is markedly lower in the growth-developing markets.
Position: None
War escalation, oil crunch prospects, Uber targeting Delivery Hero, and other headlines moving stocks this morning.
Here are the upcoming reporting dates for the Portfolio’s holdings.
I don’t think it’s ugly enough for a 1987 repeat, but just the idea can put a trader on edge. Let’s check the latest of the markets, Iran conflict, the Fed.
We locked in gains on three holdings, giving our cash levels a boost as the Q2 earnings season heats up.
* Uber ($UBER)
* Disney ($DIS)
* Netflix ($NFLX)
Position: None