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Few stocks get as much publicity as Netflix Inc. (Nasdaq: NFLX).
Anyone with even a marginal interest in the stock market knows that the company reported mixed earnings Monday night, beating estimates on earnings but missing on revenue and the all-important subscriber-growth metric.
The stock plunged as much as 14% on Tuesday but quickly bounced back to net a drop of just 5.2%.
Analysts were quick to defend the stock, saying the dip provided an excellent buying opportunity. Some even raised their price targets. I guess year-over-year growth of 40% and a stock up 98% for the year – after the earnings plunge – deserves some leeway.
But of course this is all stuff you can read on Google News; just plug "Netflix" into the search bar, and you'll get dozens of stories saying mostly the same thing.
I'm going to show you something you won't get anywhere else, though: my proprietary analysis, which is spotlighting a juicy profit play here.
About the Author
Chris Johnson is Quantitative Specialist for Money Map Press. He's obsessed with building and perfecting mathematical models that allow him to predict, with startling accuracy, the direction of the markets, entire sectors, and individual securities. For the last year, he's been researching and building a new system that lets him move swiftly in and out of the hottest stocks in the market for life-changing gains - entirely on his own terms. The results of his newly-minted Night Trader system are nothing short of amazing.