Netflix
Online video rental service Netflix (NFLX)
had a strong run-up after its late January breakout. It found support at its 10-week moving average twice, and rebounded to new highs. However, as often happens, on the third such pullback, the stock began to weaken.
- Netflix has shown some outstanding fundamentals lately, with recent earnings and sales growth acceleration.
- This is a company that's benefited from a slower economy, as more consumers have recognized the good price value of its video rental service. Netflix's streaming video service is also growing more popular.
- Return on equity and cash flow per share are both strong. These are good measures of operational efficiency.
- Analysts have some good earnings growth estimates for the next two fiscal years.
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