And the streaming wars are upon us.
Need Some Bargains?
Jim Cramer is tying the knowledge he's getting from his BullMarketFantasy.com show to the markets.
Cramer's bringing in some new lingo--the phrase waiver wire. He wrote about it in his morning column over on Real Money.
What does waiver wire mean exactly?
"Time to search the waiver wire. That's fantasy football talk about trying to pick up some bargains, players not signed by other teams that have turned out to be interesting prospects. It's a time-honored tradition, especially in a game where wide receivers get banged up pretty regularly, and as you can see from your screen, that's been the case both in the NFL and in stocks since this season began," wrote Cramer.
Cramer also pointed out a couple of stocks that he's got a close eye on.
Curious about finding bargains in this market? Cramer's got some advice.
The Apple of My Eye?
Apple (AAPL) - Get Report is releasing its TV+ service in November for $4.99 a month, which is less than half the cost of Netflix's (NFLX) - Get Report most popular streaming video plan, its Standard plan which allows for HD streaming on up to two devices at a time. Apple TV+ is also priced lower than the $6.99 at which Walt Disney (DIS) - Get Report plans to offer its new service, Disney+--which will be released later this year.
So, obviously, the streaming wars are heating up. But what does that mean for Netflix's pricing power?
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