TRADE IDEA (conservative)
BUY at the break of $383.00
STOP at $363.00
TARGET $420
Risk to reward 1:2
FUNDAMENTAL PERFORMANCE FOR NFLX
Current Earnings
EPS Due Date 10/15/2018
EPS Rating 97
EPS % Chg (Last Qtr) 467%
Last 3 Qtrs Avg EPS Growth 233%
# Qtrs of EPS Acceleration 1
EPS Est % Chg (Current Qtr) 134%
Estimate Revisions
Last Quarter % Earnings Surprise 7.6%
Annual Earnings
3 Yr EPS Growth Rate 93%
Consecutive Yrs of Annual EPS Growth 2
EPS Est % Chg for Current Year 115%
NEWS:
Highflying stock Netflix (NFLX) got its wings clipped Tuesday after the internet television network posted disappointing subscriber numbers for the second quarter and guided below Wall Street's third-quarter views.
Summary
Netflix posted excellent cash flow and profit numbers for the second quarter of 2018.
Investors should consider the long view with Netflix and ignore the quarterly swings of whether it meets or misses Wall Street estimates.
Netflix has millions and millions of users and has multiple ways to generate more revenues from all of those viewers.
Risk Management
===========
2% per entry
BUY at the break of $383.00
STOP at $363.00
TARGET $420
Risk to reward 1:2
FUNDAMENTAL PERFORMANCE FOR NFLX
Current Earnings
EPS Due Date 10/15/2018
EPS Rating 97
EPS % Chg (Last Qtr) 467%
Last 3 Qtrs Avg EPS Growth 233%
# Qtrs of EPS Acceleration 1
EPS Est % Chg (Current Qtr) 134%
Estimate Revisions
Last Quarter % Earnings Surprise 7.6%
Annual Earnings
3 Yr EPS Growth Rate 93%
Consecutive Yrs of Annual EPS Growth 2
EPS Est % Chg for Current Year 115%
NEWS:
Highflying stock Netflix (NFLX) got its wings clipped Tuesday after the internet television network posted disappointing subscriber numbers for the second quarter and guided below Wall Street's third-quarter views.
Summary
Netflix posted excellent cash flow and profit numbers for the second quarter of 2018.
Investors should consider the long view with Netflix and ignore the quarterly swings of whether it meets or misses Wall Street estimates.
Netflix has millions and millions of users and has multiple ways to generate more revenues from all of those viewers.
Risk Management
===========
2% per entry