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QQQ   201.28 (+2.44%)
AAPL   268.01 (+2.11%)
FB   172.37 (+4.11%)
MSFT   168.22 (+1.78%)
GOOGL   1,214.27 (+2.63%)
AMZN   2,029.46 (+1.60%)
CGC   15.22 (+6.14%)
BABA   199.91 (+1.76%)
MU   47.57 (+2.59%)
GE   7.40 (+2.21%)
TSLA   539.66 (+4.54%)
AMD   48.53 (+2.13%)
T   30.53 (+3.70%)
ACB   0.84 (+5.03%)
NFLX   377.23 (-0.72%)
BAC   22.62 (+5.75%)
GILD   74.96 (-3.56%)
DIS   103.69 (+3.52%)
PRI   91.27 (+4.80%)
S&P 500   2,737.92 (+2.79%)
DOW   23,399.11 (+3.17%)
QQQ   201.28 (+2.44%)
AAPL   268.01 (+2.11%)
FB   172.37 (+4.11%)
MSFT   168.22 (+1.78%)
GOOGL   1,214.27 (+2.63%)
AMZN   2,029.46 (+1.60%)
CGC   15.22 (+6.14%)
BABA   199.91 (+1.76%)
MU   47.57 (+2.59%)
GE   7.40 (+2.21%)
TSLA   539.66 (+4.54%)
AMD   48.53 (+2.13%)
T   30.53 (+3.70%)
ACB   0.84 (+5.03%)
NFLX   377.23 (-0.72%)
BAC   22.62 (+5.75%)
GILD   74.96 (-3.56%)
DIS   103.69 (+3.52%)
PRI   91.27 (+4.80%)
S&P 500   2,737.92 (+2.79%)
DOW   23,399.11 (+3.17%)
QQQ   201.28 (+2.44%)
AAPL   268.01 (+2.11%)
FB   172.37 (+4.11%)
MSFT   168.22 (+1.78%)
GOOGL   1,214.27 (+2.63%)
AMZN   2,029.46 (+1.60%)
CGC   15.22 (+6.14%)
BABA   199.91 (+1.76%)
MU   47.57 (+2.59%)
GE   7.40 (+2.21%)
TSLA   539.66 (+4.54%)
AMD   48.53 (+2.13%)
T   30.53 (+3.70%)
ACB   0.84 (+5.03%)
NFLX   377.23 (-0.72%)
BAC   22.62 (+5.75%)
GILD   74.96 (-3.56%)
DIS   103.69 (+3.52%)
PRI   91.27 (+4.80%)
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8 Fast-Growing Stocks You Should Own Right Now in 2020 - 3 of 9

 
#2 - Netflix (NASDAQ:NFLX)

Netflix logo

Netflix (NASDAQ: NFLX) - Another stock that is off to a fast start in 2019 is Netflix. So far in 2019, the stock has surged 38% after falling victim to the correction that befell the broader market in December 2018. The question that investors seem to be shrugging off is the effect that Walt Disney’s new streaming service will have on the streaming giant’s subscriber base. Recent surveys project up to 14% of Netflix subscribers will drop their service in favor of Disney. On the other hand, 20% of current subscribers anticipate they will subscribe to both services. Perhaps more significantly, Netflix showed strong subscriber growth in the first quarter of 2019. This is important because Netflix recently increased the price of their service so adding subscribers at a time when they are raising prices is a strong revenue story. A larger question that investors continue to monitor is whether the company’s original content can help offset the content they will be losing from Disney. Programming such as “House of Cards” put Netflix on the map. In 2019, the company is expected to launch new seasons of some of its most popular series including “Stranger Things”, “Orange is the New Black”, “The Crown”, and “Money Heist”.

About Netflix
Netflix, Inc. provides Internet entertainment services. The company operates in three segments: Domestic streaming, International streaming, and Domestic DVD. It offers TV series, documentaries, and feature films across various genres and languages. The company provides members the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices. It also provides DVDs-by-mail membership services. The company has approximately 139 million paid members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.

Current Price: $377.53
Consensus Rating: Buy
Ratings Breakdown: 26 Buy Ratings, 9 Hold Ratings, 4 Sell Ratings.
Consensus Price Target: $385.20 (2.0% Upside)



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