New Trade for July 16th, 2024

Netflix (NFLX): Positioned for Continued Upside Post-Earnings

Netflix is gearing up for its upcoming earnings report this Thursday, with strong indicators suggesting potential for further stock appreciation. The streaming giant has experienced a notable uplift in both three- and six-month earnings estimates, by 4.3% and 11.4% respectively, underscoring its robust earnings momentum amid a competitive media landscape.

With shares already up about 35% this year, Netflix continues to demonstrate its market dominance and growth potential. Analysts are signaling confidence in the company’s trajectory, with consensus estimates pointing to a potential stock upside of 2.35% over the next 12 months. Furthermore, one leading analyst recently adjusted his price target upwards by $50 to $775, which implies a significant 14.4% rise from the current levels, emphasizing the strength seen in Netflix’s fundamentals and strategic initiatives.

Key to Netflix’s continued success are the strong net subscriber additions anticipated in the upcoming quarterly results, bolstered by popular content such as new seasons of “Squid Game” and “Cobra Kai.” Additionally, innovative moves like the implementation of paid-sharing models and an ad-supported subscription tier are set to serve as catalysts for growth, enhancing both user engagement and revenue streams.

As we approach the earnings announcement, the focus will be on how these strategies are translating into financial performance. For investors looking for growth opportunities, NFLX presents a compelling case with its proven track record and forward-looking initiatives poised to capitalize on the evolving dynamics of the streaming industry.



NEXT:


JANUARY 20:
Trump To Launch New Manhattan Project
That Could Make Early Investors A Fortune

As you know, the Manhattan Project in Los Alamos was a historic initiative that helped the U.S. defeat Hitler and make America the world’s undisputed superpower for generations to come.

But what you may not realize is…

The Manhattan Project was equally amazing for investors, too.

In fact, a small handful of tech stocks that helped Roosevelt and Oppenheimer launch the Manhattan Project soared for two straight decades, handing investors windfalls of 5,000% to 10,000%.

It was so lucrative… A mere $1,000 into each of these stocks would have turned into over $570,000.

A stake of $10,000 would have turned into $5.7 million.

So why am I telling you this now?

Because as you’re about to see here…History doesn’t repeat, but it often times rhymes.

And on January 20, a whole new Manhattan Project is set to begin:

Trump’s Manhattan Project.

Folks, I just spent six months investigating this…and what I found is shocking.

Trump is going to launch this new Manhattan Project on January 20 by Executive Order 001.

It will be a full-blown, balls-to-the-walls, do whatever it takes effort by the United States to control the most powerful technology ever conceived.

It will radically alter human history in a way we’ve never seen before.

And just like the original Manhattan Project… early investors will have a chance to become rich beyond their wildest dreams.

I believe a whole new generation of millionaires will be minted beginning January 20.

You could be one of them.

Click here and I’ll show you exactly how to position your money so you can claim your fair share of wealth that will flow from Trumps first big move.

Regards,

Ian King
Chief Strategist, Strategic Fortunes