Why Netflix's beat-and-raise quarter is welcome news for Disney investors
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20 minutes ago
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One drone stock is up almost 100%. Here's why the sky might be the limit
There's lots for investors to chew on this week including where analysts think streaming juggernaut Netflix is headed after posting strong stock price and earnings growth so far this year. We also share the Top 3 stock picks from one RBC Capital Markets analyst, look at some high flying drone stocks and consider if dividend-paying stocks could be back in style. Stock of the week: Netflix Inc. Shares of Netflix Inc. (NFLX) are up 41 per cent this year, though the streaming giant's stock took a short intermission on Friday, falling five per cent after reporting earnings that beat estimates, as the company failed to meet steep expectations. The stock is down 10 per cent from its all-time high on June 30. Regardless, analysts lined up to raise their price targets on the shares, which are currently trading around US$1,215. UBS Group AG, Morgan Stanley & Co. and JPMorgan Chase and Co. all hiked their price targets, with UBS citing 'solid momentum' based on the earnings outlook. Bank of America Corp., which put a price target of US$1,490 on the shares, said Netflix has 'growth drivers that should prove to be defensive.' 3 ideas for investors RBC Capital Markets has three ideas for investors: Brookfield Corp. (BN), Element Fleet Management Corp. (EFN) and Fairfax Financial Holdings Ltd. (FFH). Brookfield is the top idea of analyst Bart Dziarski who describes it as a 'core holding driven by its long-term track record of compounding capital.' The stock is trading around $93 making for a 'good entry point,' Dziarski said. Element is his top growth pick and he is forecasting double-digit gains in earnings per share and return on equity, 'underpinned by a lower-risk business model with a sticky client base.' It is trading at $35.46. Fairfax is Dziarski's value pick. He argues that it is undervalued compared to peers. 'Fairfax's investment portfolio has been re-positioned to take advantage of the current interest rate environment driving improving investment results, which we expect to continue,' he said. It is trading at $2,420.09. Dziarski has price targets of $111.07 on Brookfield, $43 on Element and $2,811.37 on Fairfax. Keeping score High-flying drone stocks Is the sky the limit for drone stocks? The fly zone appears to have opened up after U.S. defence secretary Pete Hegseth last week announced a major policy shift regarding the manufacturing and use of drones emphasizing a buy-American philosophy in a statement made on the lawn of Pentagon with drones of all shapes and sizes hovering in the background. Following Hegseth's announcement on July 10, drone stocks jumped across the board and continued their runs this week. Among the notable gainers, ZenaTech Inc. (ZENA) is up nearly 100 per cent to US$6.35 from US$3.28 last week while Kratos Defense & Security Solutions Inc. (KTOS), which has the largest market capitalization in the sector at US$9.9 billion, is up 27 per cent. For investors looking to get into the drone space, some other U.S.-listed options include AgEagle Aerial Systems Inc. (UAVS), Red Cat Holdings Inc. (RCAT) and Unusual Machines Inc. (UMAC). Dividends back in the spotlight Dividend-paying stocks could be back in style, especially if U.S. interest rates are eventually cut, bond yield fall and equity momentum slows. 'Given the current policy uncertainty, economic slowdown, and the prospect of monetary easing, we continue to favour holding quality dividend-paying stocks,' Mehmet Beceren, a research economist and market strategist at Rosenberg Research and Associates Inc., said in a note. Beceren acknowledged that over the longer-term, dividend-paying stocks historically have returned less than growth stocks in the U.S. Studies that show stronger returns typically assume that dividends will be reinvested, but Beceren said that assumption defeats the usual purpose of dividends, which is to provide income. So what makes for a 'quality' dividend stock? Beceren warns not to jump at the highest yields out there as they can come with risks. Stocks may appear attractive because they are distressed or fundamentally weak,' he said, adding that many dividend exchange-traded funds (ETFs) now come with quality screens for profitability, leverage and volatility to avoid such a trap. Companies that consistently hike their dividend and undertake share buybacks are signs of improving profitability. Among the dividend ETFs Beceren mentioned in his research paper were Vanguard Dividend Appreciation ETF (VIG) and FlexShares Quality Dividend Index (QDF). Beceren also highlighted European dividend ETFs as an option including the iShares Euro Dividends UCITS ETF (IDVY), Amundi MSCI EMU High Dividend ETF (CD8), WisdomTree Europe Quality Dividend Growth ETF (EUDG), SPDR Euro Dividend Aristocrats ETF (SPYW). He thinks investors should consider Europe given that U.S. Federal Reserve chair Jerome Powell's term is winding down, markets are predicting that rates will fall, triggering the depreciation of the U.S. dollar and outflow of investor funds. 'Overall, the stars seem to be aligning once again for dividend yield strategies — particularly in Europe,' Beceren said. Outlook for Shopify and Algoma Steel Shopfiy Inc. (SHOP) reports earnings on Aug. 6 and CIBC Capital Markets analyst Todd Coupland expects the e-commerce company to meet or exceed expectations for revenue growth. Tariffs continue to be a concern, but Coupland thinks Shopify is in a decent position to navigate those headwinds and recommends 'investors buy the shares.' CIBC updated its price target to US$145 from US$125. The shares are currently trading at US$127.58. Analysts watching Algoma Steel Group Inc.'s latest earnings report breathed a sigh of relief after they came in 'better than feared,' Katja Jancic at BMO Capital Markets said in a note, adding that the doubling of U.S. steel tariffs to 50 per cent from 25 per cent means 'risks and uncertainties remain.' She reaffirmed her price target of $9. James McGarragle at RBC Captial Markets raised his price target to $10 from $8 based on optimism around a trade deal and federal government moves this week to protect the domestic steel industry. Shares of Algoma closed Friday at $9.62. Here's how much higher analysts think Nvidia shares can go after record run to US$4-trillion RBC hikes Bombardier share price with stock already up over 100% since April • Email: gmvsuhanic@ Every week, the Financial Post breaks down the most interesting developments in the week's world of investing, from top performers to surprising analyst calls and stocks to have on your radar. Are you an investor looking for stock ideas and market insight? Sign up for the weekly FP Investor Newsletter here to get the best of the Financial Post's investing news, analysis and expert commentary straight to your inbox. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28 minutes ago
- Yahoo
The #1 Netflix movie right now has spent an entire month in the streamer's global Top 10
If you purchase an independently reviewed product or service through a link on our website, BGR may receive an affiliate commission. Netflix, I hope you have profusely thanked directors Maggie Kang and Chris Appelhans, along with everyone else who worked on KPop Demon Hunters — a glittery, candy-colored spectacle of an animated gem that's not only one of the best original movies the streamer has released in years, but also a ratings smash hit for the streamer. The movie, about a fictional K-pop girl group that hunts demons, is so big that it's actually dominated the Netflix global Top 10 movies chart for an entire month now, while its soundtrack has likewise taken the Billboard charts by storm. This week, in fact, Billboard reported that the soundtrack has climbed to #2 on the Billboard 200, while seven of its tracks (led by 'Golden,' from the movie's fictional K-pop girl group HUNTR/X) are currently on the Billboard Hot 100. Today's Top Deals XGIMI Prime Day deals feature the new MoGo 4 and up to 42% off smart projectors Best deals: Tech, laptops, TVs, and more sales Best Ring Video Doorbell deals Long story short: If anything could be said to have attained the status of pop culture conversation-starter of the summer, it's this Netflix standout — which, by the way, is also on track to become the most-watched Netflix animated movie ever. In terms of the latest data on the movie from Netflix, as noted above, it's now spent four weeks on the streamer's global Top 10 English-language movies chart. It racked up another 24.2 million views for the 7-day period that ended on July 13, it's a Top 10 Netflix movie in 93 countries this week — and it's actually the #1 movie in 26 countries, including Canada, the UK, and more. KPop Demon Hunters comes from the same studio behind Spider-Man: Across the Spider-Verse and Netflix's The Mitchells vs. The Machines, and the movie's central characters are a trio of K-pop megastars named Rumi, Mira, and Zoey who dominate the charts by day and hunt demons at night. Their rivals are The Saja Boys, a seductive boy band made up of heartthrobs that are also literal demons. In terms of some of its other achievements, the movie has managed to achieve a near-perfect Rotten Tomatoes critics' score as of this writing (96%) as well as an audience score that's in the same ballpark (91%). 'I'm a 45 year old dad and watched this with my two girls,' one YouTube commenter raved earlier this month. 'I cried like the fan dudes in the film. I guess it's never too late to become a K-pop fan.' The best thing about the movie, for me, is that it was clearly made by people who have a genuine affection for K-pop. And that love shines through in every detail, from the character designs to the soundtrack, making K-Pop Demon Hunters feel, instead of just another Netflix release, more like a love letter in celebration of K-pop's energy, spirit, and global impact. Don't Miss: Today's deals: Nintendo Switch games, $5 smart plugs, $150 Vizio soundbar, $100 Beats Pill speaker, more More Top Deals Memorial Day security camera deals: Reolink's unbeatable sale has prices from $29.98 See the
Yahoo
an hour ago
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S&P 500 Gains & Losses Today: Netflix Stock Stumbles After Earnings; Invesco Soars
Key Takeaways The S&P 500 finished essentially unchanged 0.1% on Friday, July 18, 2025, with strong consumer sentiment data pointing to waning tariff worries. Invesco shares soared after the asset manager petitioned shareholders to reclassify theInvesco QQQ Trust as an open-ended fund. Netflix posted better-than-expected quarterly profits but predicted a lower operating margin in the second half of the year. Shares of the video streamer U.S. equities indexes were mixed heading into the weekend as a report showing an uptick in consumer sentiment suggested that unease over possible tariff impacts could be dwindling. The S&P 500 wavered throughout Friday's session before ending with a minimal loss of less than 0.1%, wrapping up the week just below Thursday's closing high. The Dow dropped 0.3%, while the Nasdaq eked out a gain of less than 0.1% to complete a sweep of five record daily closes this week. Read Investopedia's full coverage of today's trading here. Investment manager Invesco (IVZ) filed a proxy statement asking shareholders of the Invesco QQQ Trust (QQQ) for permission to restructure the Nasdaq 100-tracking fund. The proposed reclassification of the massive tech-focused exchange-traded fund to an open-ended fund from a unit investment trust could boost Invesco's fee revenue while lowering costs for shareholders. Invesco shares surged 15%, posting the S&P 500's strongest daily performance. Shares of Regions Financial (RF) advanced 6.1% after the Alabama-based banking company beat second-quarter profit expectations. Year-over-year growth in net interest income and fee income contributed to the strong quarterly results. Power producer Talen Energy (TLN) announced a $3.5 billion deal to acquire a pair of gas-fired plants in Pennsylvania and Ohio. The move is part of the energy infrastructure firm's portfolio expansion efforts as it aims to position itself to meet demand from power-intensive data centers. Talen stock soared more than 24% on Friday. Shares of nuclear power players Vistra (VST) and Constellation Energy (CEG), which have drawn attention for their own data center ambitions, were up 6.1% and 4.3%, respectively. Dell Technologies (DELL) shares powered some 6% higher. Analysts at Bank of America said the tech firm could come close to doubling its earnings per share by 2030. BofA believes demand for artificial intelligence infrastructure from businesses and government entities along with resurgent capital spending on cloud technology could drive an acceleration in revenue growth for Dell over the next five years. Elevance Health (ELV) shares plunged for a second straight session, shedding 8.4% on Friday. The downswing for the insurer's stock came after Elevance cut its full-year guidance, citing high costs related to Medicaid and Affordable Care Act coverage. Other health insurance stocks joined in the two-day swoon following Elevance's reduced forecast. Shares of Molina Healthcare (MOH) posted a Friday decline of more than 10%, falling the furthest of any S&P 500 stock. Netflix (NFLX) shares sank 5.1% in the wake of its quarterly earnings release. The video streaming giant topped net income estimates and lifted its full-year revenue guidance. Netflix said its operating margin would be lower in the second half of 2025 compared with the first half of the year, reflecting higher content amortization along with more sales and marketing costs involved in promoting a wider roster of content during the third and fourth quarters. Manufacturing conglomerate 3M (MMM) posted better-than-expected sales and profits for the second quarter and raised its 2025 outlook. Although the strong numbers initially helped push shares of the Post-it notes maker higher, the stock changed course during 3M's earnings call as executives discussed sluggishness in the global economy and a challenging environment for the company's consumer electronics and auto parts businesses. 3M shares ended 3.7% lower. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
