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Netflix (NFLX) Looks Good: Stock Adds 5.4% in Session
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Netflix, Inc. (NFLX - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $176.42 to $188.78 in the past one-month time frame.
The move came after the company increases the price of its U.S. video streaming plan by 10%.
The company has not seen any estimate revisions over the past month, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Netflix currently has a Zacks Rank #2 (Buy), while its Earnings ESP is negative.
Is NFLX going up? Or down? Predict to see what others think: Up or Down
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If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure.
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Netflix (NFLX) Looks Good: Stock Adds 5.4% in Session
Netflix, Inc. (NFLX - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $176.42 to $188.78 in the past one-month time frame.
The move came after the company increases the price of its U.S. video streaming plan by 10%.
The company has not seen any estimate revisions over the past month, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Netflix currently has a Zacks Rank #2 (Buy), while its Earnings ESP is negative.
Netflix, Inc. Price
Netflix, Inc. Price | Netflix, Inc. Quote
Another stock worth considering in the Broadcast Radio and Television industry is Nexstar Media Group, Inc. (NXST - Free Report) , which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is NFLX going up? Or down? Predict to see what others think: Up or Down
5 Trades Could Profit "Big-League" from Trump Policies
If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure.
See these buy recommendations now >>