Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
Login Archives Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Technology
Stocks: AAPL, DIS, NFLX, TWX

Why the Netflix Stock Price Is Soaring This Week

By Diane Alter, Contributing Writer, Money Morning • October 4, 2016

Start the conversation

Leave a Reply Click here to cancel reply.

You must be logged in to post a comment.

Netflix acquisitionThe Netflix stock price is up more than 5% this week as rumors of a possible takeover continue to gain momentum.

Netflix Inc. (Nasdaq: NFLX) shares closed up 4.14% Monday and were up another 1% today (Tuesday).

Before we get into our recommendation on how to play the Netflix stock price today, here's what investors need to know about the NFLX rally...

What You Need to Know About the Netflix Stock Price Rally

Both Walt Disney Co. (NYSE: DIS) and Apple Inc. (Nasdaq: AAPL) are among those rumored to be contemplating a bid for Netflix.

Disney has long been tied to Netflix. The two would nicely complement each other as they're both entertainment companies. Plus, they already work together and Disney CEO Bob Iger is a Netflix fan.

In April, BTIG analyst Richard Greenfield suggested Disney should buy Netflix. He pointed out the pair's already ongoing and synergetic relationship.

"Netflix is already a great friend of Disney, in fact, Iger has repeatedly acknowledged how they are in part responsible for Netflix's success," Greenfield wrote.

Trending Now: Turbocharge your investing returns with our top 5 money-making investment reports. Get them now - they're absolutely free. Click here...

Last month, Netflix became the exclusive pay TV home in the United States for Disney films. That also includes Disney franchises Pixar, Lucasfilm, and Marvel. Plus, Disney has partnered with Netflix on a number of popular shows based on Marvel characters.

Disney continues to make its way into the streaming market. In August, the company invested $1 billion for a 33% stake in BAMTech. That's a video streaming company created by Major League Baseball.

Disney tapped BAMTech to distribute ESPN material, along with a multi-sport subscription service that is sold directly to consumers. It developed Major League Baseball's popular streaming service and also works with HBO and the National Hockey League.

Disney has been struggling with cord-cutters and declining ESPN viewership. So a Netflix acquisition could be the company's only hope, according to Greenfield.

As for Apple, the company considered buying Time Warner Inc. (NYSE: TWX) last fall. A deal never happened, but Apple is still looking for a partner.

Netflix would be an expensive purchase. Right now, it has a market cap of $43.83 billion. But with over $230 billion of cash on hand, a NFLX buy would be an easy transaction for Apple to swallow.

And it may only get more expensive. The Netflix stock price is up 6.1% in the last month to $103.34 a share.

And with earnings coming up this month, the Netflix stock price will be watched closely...

What's Next for the Netflix Stock Price in 2016

Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter

Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…

Claim My Free Report

Subscribe
Login
Notify of
guest

guest

0 Comments
Inline Feedbacks
View all comments


Latest News

October 2, 2023 • By Shah Gilani

earnings
What to Watch for This Week as Markets Continue to Struggle

September 30, 2023 • By Garrett Baldwin

Other Peoples' Kids, Icebreaker Stocks, and the Comedy of the Fed

September 30, 2023 • By Garrett Baldwin

Here's What Happens When I Ask Hard Questions
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Penny Hawk Midday Momentum
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Quantum Data Profits Flashpoint Trader Darknet Alpha Accelerators Brutus Alerts Resource Traders Alliance L.A.U.N.C.H. Investor Rob Roy Trader Long-Term Equity Profits

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz