Top Wall Street analysts say buy stocks like Netflix and Alphabet amid renewed market volatility

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TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Netflix and Alphabet.

attempts to pinpoint Wall Street's best-performing analysts, based on success rate and average return per rating on a one-year basis.took a hit this week after the company released its Q3 earnings results on October 20, sliding 7% in the following session.

Although the company surpassed expectations on revenue, it missed on EPS and global paid net subscriber additions, with the figures falling short of the estimates by $0.40 and 1.3 million, respectively. For Q4, NFLX guided for 6 million paid net additions, 300,000 below Wall Street's call.

The company is at almost full production capacity across the world, and is on track to meet FY21 content production targets. Since the pandemic's onset, 50 films have been completed, with an additional 150 expected to wrap up by FY20. "Main takeaway is that NFLX is extending its content moat with near full production, while Hollywood studios are just resuming production as of mid-September," Helfstein explained. Based on this positioning, the analyst believes NFLX can still achieve his FY21E margin targets, with upside potentially being driven by content and marketing leverage as well as possible price increases.

Boasting a 74% success rate and 33.9% average return per rating, Helfstein is one of the top 10 analysts ranked by TipRanks.

 

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Did the wallstreet analyst suggest that if buying stock during this pandemic is a good idea than they should have told realDonaldTrump & congress that passing a universal basic income would be the best decision for Americans so they did not have to choose between rent & shares

With Netflix if there is no production of new content due to Corona. Then it's dated content will lead to a decline in subscriber's.

Both Netflix and Alphabet are FAILING companies. By getting more people into their HIDDEN PONZI scheme is the ONLY way for the top investors in these companies to take their money and run from these stocks AFTER RECOVERING their capital

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