Cashflow

Is the Netflix Stock on Track to Reach New Record Highs?

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Is the Netflix Stock on Track to Reach New Record Highs?

Netflix stock prices dropped from its record-high of $691.69 in October 2021 to under $170 in mid-2022, when the stock market had a terrible year amid recession fears and the US Fed’s aggressive monetary tightening campaign to curb raging inflation. The Fed’s move led to record interest rates that remain elevated. However, the tech-heavy stock … Read more

This Nike Alternative Growth Stock Jumped 582% Over the Past Decade on Strong Fundamentals

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This Nike Alternative Growth Stock Jumped 582% Over the Past Decade on Strong Fundamentals

Nike is a world leader in the athletic apparel and footwear sector, with a market cap of $143 billion. The company posted a 1.89% year-over-year (YoY) rise in revenue to $51.581 billion for the twelve months ending February 29, 2024. However, the stock price has tanked 30% in the last three years in contrast to … Read more