Netflix crash: Beware of hot stocks

Investor favorite Netflix NFLX, -10.27% crashed by 10% in moments Wednesday evening, after the online streaming company stunned the market with a loss of subscribers in the second quarter.

That’s not just expensive. Those are nosebleed valuations. The Wall Street average: 18 times forecast per share earnings. But Netflix isn’t some tiny company growing from a minuscule base. It’s already in the top 50 companies by market value in America. The company is valued, even after the latest drop, at $158 billion.

It’s not even close. Since 1974 the MSCI World Value index, with dividends reinvested, has produced double the total returns of the growth index. Double.

BrettArends Bingo

BrettArends Where you been

BrettArends Too expensive now. Get $BA BETTER WITH DIVIDEND..

BrettArends I want nothing to do with the Obama's. Can't stand them. Dropped Netflix and not looking back.

BrettArends What happened to loyalty on Wall Street? It seems like all they care about is money these days...

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Stocks making the biggest moves after hours: Netflix, IBM, eBay and moreSee which stocks are posting big moves after the bell on July 17.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Stocks making the biggest moves premarket: Morgan Stanley, UnitedHealth, Apple, Netflix & moreThese are the stocks posting the largest moves before the bell.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »