rtmark
LearnBonds.com

Netflix Stock lifts as Social Distancing Means More Streaming

US and global stocks rose on optimism over government bailouts and central bank support for markets yesterday. On Wednesday the US Senate passed a $2trn bill to support consumers and major businesses by a unanimous vote.

The tech-heavy Nasdaq rose by 413.2 points on Thursday at 7,797.5, a gain of more than 5%. While tech has been hit hard by the pandemic, there are a few companies that are in a good position to weather the storm.

 

Netflix Stock lifts as...

 

Netflix (NASDAQ:NFLX) was up by more than 6% on Thursday at $363, and has risen by nearly 10% so far this week. The company is well placed to add more subscribers to its streaming platform as the coronavirus confines millions of people to their homes.

While Netflix, which produced Orange is the New Black (pictured), is unlikely to see a bump to its bottom line in the short-term, due to its monthly subscription-based revenue model, it may add subscribers over the next 12 to 18 months as the longer-term effects of outbreak are felt.

A recent response plan from the US government that was obtained by the New York Times states that the virus epidemic may last for 18 months or more, so recent social distancing and quarantine policies might be a part of the new normal for the developed world.

 

Netflix Stock lifts as...

Amazon (NASDAQ: AMZN) is another company that will likely thrive over the next few years. The company is well placed to operate in a period where online purchases spike, and people simply won’t be able to go the shops in the same way they did. Amazon closed up 3.7% at $1,955.5.

While Amazon’s Prime service had to suspend two-day delivery for non-essential items due to massive demand, analysts expect this will soon be resolved.

 

Netflix Stock lifts as...

Netflix has been given a buy rating by both Credit Suisse Group, and JP Morgan Chase & Co. Amazon has numerous buy ratings, including buy ratings from Bank of America, JP Morgan Chase & Co., and Royal Bank of Canada.

Trusted & Regulated Stock & CFD Brokers

Rating

What we like

  • 0% Fees on Stocks
  • 5000+ Stocks, ETFs and other Markets
  • Accepts Paypal Deposits

Min Deposit

$200

Charge per Trade

Zero Commission on real stocks

Rating

64 traders signed up today

Visit Now

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Available Assets

  • Total Number of Stocks & Shares5000+
  • US Stocks
  • German Stocks
  • UK Stocks
  • European
  • ETF Stocks
  • IPO
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 Zero Commission
  • NASDAQ Zero Commission
  • DAX Zero Commission
  • Facebook Zero Commission
  • Alphabet Zero Commission
  • Tesla Zero Commission
  • Apple Zero Commission
  • Microsoft Zero Commission

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
  • Paypall
  • Skrill
  • Neteller

What we like

  • 0% Commission
  • Trade Stocks Via CFDs
  • Authorized & regulated by the FCA

Min Deposit

$100

Charge per Trade

Zero Commission

Rating

Visit Now

76.4% of retail investor accounts lose money when trading CFDs with this provider.

Available Assets

  • Total Number of Stocks & Shares+2000
  • US Stocks
  • German Stocks
  • UK Stocks
  • European
  • ETF Stocks
  • IPO
  • Funds
  • Bonds
  • Options
  • Future
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 Zero Commission
  • NASDAQ Zero Commission
  • Dax Zero Commission
  • Facebook Zero Commission
  • Alphabet Zero Commission
  • Tesla Zero Commission
  • Apple Zero Commission
  • Microsoft Zero Commission

Deposit Method

  • Wire transfer
  • Credit Cards
  • Bank Account
  • Paypal
  • Skrill
Users should remember that all trading carries risks and users should only invest in regulated firms. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.

Nicholas Say is originally from Ann Arbor, Michigan, and has a long-standing interest in the global financial markets. In addition to writing, Nicholas also enjoys making arsenal condiments.