Netflix Inc. (NFLX): Today's Featured Specialty Retail Winner
The
industry closed the day up 1.2%.
Birks & Mayors Inc
(
BMJ
),
(
),
(
), and
(
) were all winners today within the specialty retail industry with
(
) being today's featured specialty retail winner. Netflix Inc rose $2.03 (2.6%) to $79.40 on heavy volume. Throughout the day, 21.2 million shares of Netflix Inc exchanged hands as compared to its average daily volume of eight million shares.
Netflix, Inc. provides subscription based Internet services for TV shows and movies in the United States and internationally. The company allows its subscribers to watch unlimited TV shows and movies streamed over the Internet to their televisions, computers, and mobile devices. Netflix Inc has a market cap of $6.2 billion and is part of the
sector. The company has a P/E ratio of 30.2, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 56% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates Netflix as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Netflix Ratings Report.
On the negative front,
(
),
(
),
(
), and
(
) were all losers within the specialty retail industry with
(
) being today's specialty retail industry Loser Spotlight stock.
- Use our specialty retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider
(
) while those bearish on the specialty retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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