Steven Levine, Senior Market Analyst with Interactive Brokers, discusses the outlook for the media sector, assessing the impact of mega-mergers, new streaming services like Netflix (NFLX) and the expanding US-China trade war.
Photo Credit: David Stewart via Flickr Creative Commons
Being greedy when others are fearful may be wise, but it doesn’t come easy. It is not human nature.
This move makes sense because of the downside volatility and flat performance exhibited by this asset class over the summer.
Commentary from portfolio manager Charles Sizemore.
Pix, recently published this chart, showing the price of Netflix Inc (NASDAQ: NFLX) versus its average analyst price target over the last six years (data
