GGME News | Roxom Stocks

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Netflix ETFs to Buy on the Dip Post Solid Q1 EarningsNetflix (NFLX) topped both earnings and revenue estimates and delivered its strongest first-quarter customer additions since the pandemic. However, it issued disappointing second-quarter revenue guidance, which dragged the stock down.Zacks Investment Research · Apr 19, 2024

What Lies in Store for Netflix ETF in Q1 Earnings?Netflix has risen about 26% over the past three months and has a reasonable chance to beat earnings estimates.Zacks Investment Research · Apr 16, 2024

Netflix's Ad Tier Accretion Despite Subscriber Deceleration Add To Stock Upside, Analyst ProjectsWedbush analyst Michael Pachter maintained Netflix Inc (NASDAQ:NFLX) with an Outperform and raised the price target from $615 to $725. After a year of significant growth, the analyst removed Netflix from Wedbush's Best Ideas List (BIL). His quarterly survey indicates a seasonal deceleration in subscribers (though likely continued year-on-year growth) and an expansion of subscribers on Netflix's ad tier. Also Read: Paramount in the Spotlight, Apollo Global Management Bids Big For Film and TV Studio As long as global trends remain consistent and the ad market continues to improve this year, he expects Netflix to continue to report strong results. With that said, some of the significant catalysts that drove his BIL placement have been priced in, including benefits from the password-sharing crackdown and reduced churn from the introduction of the ad tier. Pachter noted the ad tier will continue to limit churn, and it has a significant opportunity to expand its advertising revenue in 2024 and beyond. He noted Netflix has reached the right formula with global content creation, balancing costs, and increasing profitability. Pachter noted Netflix will continue to expand profitability and generate increasing free cash flow, supporting his ...Full story available on Benzinga.comBenzinga · Mar 27, 2024

5 Top-Ranked ETFs at New Highs Set to Soar FurtherGiven the bullishness, many ETFs, having a solid Zacks ETF Rank #1 (Strong Buy) or 2 (Buy), touched new 52-week high and are expected to soar further.Zacks Investment Research · Mar 4, 2024

Netflix Logs Best Week Since 2022: ETFs to Buy on High Momentum?Netflix logged its best weekly performance in over a year last week on upbeat outlook and strong subscriber growth in Q4 of 2023. However, since the stock looks pricey at the current level, investors may play Netflix-heavy ETFs to tap the winning momentum.Zacks Investment Research · Jan 29, 2024

Netflix Shares Surge Post Earnings: ETFs in FocusThe streaming giant Netflix (NFLX) reported mixed Q4 results. But it added strong subscriber base and offered moderately upbeat guidance. Shares slumped more than 10% post earnings release.Zacks Investment Research · Jan 25, 2024

3 Factors to Bet on U.S. Consumer ETFsThe start of 2024 brings renewed consumer confidence in the U.S. economy, backed by decreasing inflation expectations and solid consumer spending.Zacks Investment Research · Jan 24, 2024

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GGMEInvesco Next Gen Media and Gaming ETF

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Last · Sep 21Quarterly

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Yield0.08%

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