Back to Newsroom
Back to Newsroom

Traders Buzz: Netflix Inc, Facebook Inc, Tesla Motors Inc

Tuesday, 23 April 2013 12:40 PM

Topic:

NEW YORK, April 23, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Netflix Inc, Facebook Inc, Tesla Motors Inc.

Netflix, Inc.(NASDAQ:NFLX) has released its earnings report for the opening three months of the year.
The company added 2 million U.S. subscribers in the period taking the number of U.S. subscribers to 29.2 million. The company also added 1 million international customers.

It booked quarterly profit of $2.7 million, or 5 cents per share, against negative earnings of $4.6 million, or 8 cents per share, in the year-ago period.

What Should Be The Fair Value Of NFLX After The solid Earnings? Get Free
Report Here http://www.bestdamnpennystocks.com/google/s/2/?code=NFLX 

Excluding extraordinary items, the company earned 31 cents per share, beating Street estimates of 18 cents per share.  Revenue climbed 18 percent year-over-year to $1.02 billion, $7 million more than analysts had modeled.
Netflix has revamped its programs. In February it introduced its exclusive "House of Cards," a critically acclaimed series, releasing all 13 episodes at once.

"Hemlock Grove," another original series was launched last Friday. "Arrested Development," is likely to be re-introduced next month.  While the popularity of the company’s Internet video service soars, the DVD-by-mail service, once its most important business continues to lose subscribers in droves. There were 240,000 fewer DVD subscribers at the end of the quarter.

The California company sees second quarter EPS ranging from 23 cents to 48 cents per share. Analysts were modeling 39 cents a share.

The stock jumped $42.48, or 24 percent, to $216.85.

Meanwhile, the Iowa Economic Development Authority Board and Altoona’s City Council are reportedly considering incentives for a probable Facebook Inc(NASDAQ:FB) data center in the city, called "Catapult."

Is FB On The Way To Hit The IPO price? Find Out Here http://www.bestdamnpennystocks.com/google/s/2/?code=FB

A data center at this location will enjoy the advantages of existing fiber optic data system, adequate power and
water, open and affordable land with low natural disaster risks, and ready access to interstate highway travel.

The project is scheduled to becompleted in 3 $500 million build-outs on a 1.4 million square foot piece of
land. The estimated cost of the project is $1.5 billion. The social network company already has centers in Forest City, NC, and Prineville, Oregon. 

TheStreet has reinstated its Hold rating on Tesla Motors Inc(NASDAQ:TSLA), the research firm said in a note to investors and clients.

Is TSLA a Buy After The Solid Momentum? Find Out Here http://www.bestdamnpennystocks.com/google/s/2/?code=TSLA

In its note The Street said, “Tesla Motors Inc(NASDAQ:TSLA) has been reiterated by TheStreet Ratings as a hold with a ratings score of C. The company’s strengths can be seen in multiple areas, such as its robust
revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and poor profit margins.” Recently Morgan Stanley said that it was maintaining its Overweight rating on the company with a price target of $47 a share. Barclays Capital also iterated its Overweight rating with a price target of $38 a share.

Finally, analysts at Northland Securities raised their price target on shares of Tesla Motors from $42.00 to $50.00 in a research note to investors on Wednesday, April 3rd, with an Outperform rating on the stock.

About bestdarnpennystocks.com
bestdarnpennystocks.com’s team is engaged in providing stock newsletters on various hot penny stocks on a regular basis. Our instant stock news on Major Gainers, small cap penny stocks and various other stocks, guides investors in making the wise stock market investments decision. In order to get update to the markets, we would advise you sign up to our free newsletters. You can become leader in stock market by keeping track of the daily activity.

Disclaimer
The assembled information disseminated by bestdarnpennystocks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. bestdarnpennystocks.com does expect that investors will buy and sell securities based on information assembled and presented in bestdarnpennystocks.com. PLEASE always do your own due diligence, and consult your financial advisor.
Contacts:
bestdarnpennystocks.com
1419 Westwood Blvd Los Angeles, CA
90024-4911
[email protected]
 

Topic:
Back to newsroom
Back to Newsroom
Share by: