Shares of Netflix, Monster Beverage, and Linde have lagged behind the bull market’s winners. That’s why they have more potential to surge.
According to the average brokerage recommendation (ABR), one should invest in Netflix (NFLX). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Swedish video streaming company Viaplay said sales growth at its core operations slowed markedly in the first quarter due to price hikes, knocking its shares 7% lower. After replacing its CEO and laying off 30% of its workforce last year, Viaplay unveiled a turnaround plan in December that included raising equity, restructuring debt, and focusing on its core Nordic, Dutch and Viaplay Select operations. The group, which competes with Netflix Inc and Walt Disney Co's Disney+, said sales from those operations grew 5.6% organically to 4.46 billion Swedish crowns ($410 million), far below 27.3% growth a year earlier.