The broad market rally that kicked off after the Fed’s surprise 50 basis point rate cut has stalled as geopolitical tensions in the Middle East climb...
The broad market rally that kicked off after the Fed’s surprise 50 basis point rate cut has stalled as geopolitical tensions in the Middle East climb. Apparently, two household name stocks haven’t gotten that risk-off memo. Shares of Netflix are trading at record highs , of course, for very different reasons. Netflix continues to benefit from optimism around new revenue streams, such as its cheaper ad-supported tier and the prolonged trend toward cord-cutting.
Uh investors are looking for really big growth, expectations and revenue and profits over the next I would say couple quarters, Barclays analysts now calling BS on that move, essentially putting their or downgrading their rating today to underweight.Essentially to me as a former analyst that's equivalent of sell saying the it's unrealistic uh that Netflix will double its subscriber base and the valuation is too stretched to me.
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