All five FAANG stocks closed Monday in bear market territory with declines of 20% or more from their all-time intraday highs.
Netflix stock sold off more than 150 points into late October and has now competed the right shoulder of a head and shoulders top.
Shares of the one-time market darling are down sharply, but a former skeptic now sees big upside.
Facebook, Amazon, Apple, Netflix and Google’s parent company, Alphabet, fell 4.7% last week and are among the 10 most shorted U.S. stocks.
One Netflix bull expects shares to skyrocket to $600, downplaying the competitive threat from Apple and news regarding its unusual company culture.
Learn what FAANG stocks are and why they’ve come under intense selling pressure in October, and explore three short setup trading ideas.
We show you how to compute and analyze the P/E ratio for Netflix.
Learn how to read Netflix’s income statement and use it to evaluate the company’s current financial condition.
Netflix has plunged from record highs reached mid-summer and the bears are weighing in.
Money managers are confident that a strengthening U.S. economy, improving corporate earnings and reasonable valuations will continue to lift stocks.