Netflix Could Have a Great Quarter, But Is Amazon a Better Pick? [TheStreet.com]
Meta Platforms, Inc. - Class A (FB)
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Source: TheStreet.com
Netflix ( NFLX ) is set to have an impressive quarter on Tuesday, which would be a reversal from July's earnings and guidance disappointmen t. For the earnings, the bar is set a little lower than it was in July, Eric Jhonsa, columnist for TheStreet said at Jim Cramer's teach-in even Saturday . He added That makes things a little easier. The fact that expectations are lower should help them out, Jhonsa said. Netflix is Real Money 's stock of the day. Whether or not FAANG stocks (Facebook ( FB ) , Apple ( AAPL ) , Amazon ( AMZN ) , Netflix, Google ( GOOGL ) ) have overstayed their welcome, meaning that their high earnings multiples might be too high now, Netflix could still very much remain a growth stock. Not only could Netflix be a good pre-earnings play, it could be positioned to maintain its competitive edge in streaming. The fact that Amazon relies on Prime memberships to pay for that content spend...makes it very hard to match Netflix dollar
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