While the market has been generally buoyant for the last 5-6 months, a few tech and media stocks have been "killing-it" more than ever. Interestingly, this is not just a short-term trend. Even on a medium-to-long-term basis a bunch of these stocks seem to have gathered a lot of positive popular opinion. Netflix (NASDAQ: NFLX) is one such stock. Being at the intersection of tech and media also helps. These are both sectors
Ever wondered why you often find yourself trying to outperform the market while some of the seasoned investors seem to be playing safer? As investors the first thing we owe ourselves is to decide what “kind of investor” we will be before we dive into the deep end of the pool. And generally our investment style is governed by the amount of money we are looking to invest. (more…)
Netflix, Inc. (NASDAQ:NFLX) was really amazing last week. Not only did NFLX start off the week with gains and a strong breakout but it maintained high levels throughout the entire week. The chart above of the stock shows clearly that "bulls" were able to overcome another attempt by "bears" to stall the sharp rally from the July low. After a short pause in a sideways consolidation pattern between 95
As published in Benzinga on 9th August. The original article can be found here. An analysis of Stockal data shows that the Confidence Meter, a 1-100 scale measuring the combined perspectives of over 200 Wall Street analysts, can be an indicator for potential price action as far as several months in advance. Stockal took a look at four major tech stocks to see how correlated the two are. Here are
AMAT– Applied Materials, Inc provides manufacturing equipment, services, and software to the semiconductor, display & solar photovoltaic related industries. AMAT– Applied Materials Inc Fundamentals Previously closed at 24.42 Day's high 24.46 Day's low 23.41 P/E ratio 22.61 EPS 1.08 Analysts opinion AMAT announced a new $2Billion Stock repurchase program, in addition to the previously announced $3Billion repurchase. More than 85% of shares of AMAT are currently held by Institutional
TWX – Time Warner Inc is a media and entertainment company in the U.S. TWX – Time Warner Inc Fundamentals Previously closed at 73.64 Day's high 74.83 Day's low 73.44 P/E ratio 15.92 EPS 4.63 Analysts opinion TWX announced its Q1 revenues today pre-market, post which the stock prices were up by 2%. It posted an EPS at $1.49, beating the wall street estimates by $0.19. Its net sales
China surprised the markets today by speeding up the devaluation of the yuan to its lowest level in nearly five years. According to experts, devaluation is seen as the last resort to boost China’s exports. Due to this, China’s stock market sank, and triggered the recently installed circuit breaker which halts the markets for 15 minutes after a 5% decline, and shuts down the day’s trading at 7% decline. And
