Zacks -3 Shares Listed On The Zacks Analyst Blog: Apple, Netflix And Amazon

  Zacks-3 Shares Listed On The Zacks Analyst Blog: Apple, Netflix And Amazon Zacks.com has announced the list of stocks featured on its analyst blog. According to the statement; Apple (AAPL), Netflix (NFLX) and Amazon (AMZN) are on the list. Highlights in the analyst blog on Friday:

Stream Services Benefited From The Pandemic

Broadcast service providers have been one of the biggest winners of the pandemic as they have gained millions of subscribers. Pay TV services will take more hits in the coming days as new players in the streaming market give people more choice, according to a report by market research firm Strategy Analytics.

Boom time for streaming services

The margin for streaming services is rapidly shrinking, although people are still spending more on pay TV, according to a report from Strategy Analytics. According to the data, pay TV will meet only $ 74.47 billion in 2024, while streaming services will reach $ 76.3 billion. Strategy Analytics' report shows that the number of streaming services subscribers first exceeded the number of pay TV subscribers in 2019. According to this; While the number of pay-TV households was 81.63 million, the number of households in streaming services reached 92.64 million.

Streaming services will continue to grow

Pay TV has been taking a hit for a long time. Different streaming services players, on the other hand, gained momentum due to the pandemic and each added millions of subscribers within months. Before 2020, there were only three major players who were able to double the number of subscribers in a year. This was one of the factors that increased the competition. Moreover, the fact that many media companies, which postponed film broadcasts in movie theaters due to the epidemic, started broadcasting their films on these platforms helped the industry even more.

Focused stocks

Streaming services are a huge element that attracts millions of people who have to stay home during the pandemic. This provides a suitable time to invest in video streaming stocks. -Apple,AAPL (NasdaqGS) $129.96 +2.11(+1.65%) The company that launched its streaming services in late 2019 and has gained immense popularity since then has reportedly more than 30 million TV subscribers. The company's expected earnings growth rate for the current year is 37,8 %. - Netflix NFLX (NasdaqGS) $502.20 -0.98(-0.19%) The company, which is considered a pioneer in the field of broadcasting and has a total of 207.64 million subscribers worldwide, added more than 3.98 million new subscribers in the first quarter of 2021. The company's expected earnings growth rate for the current year is 70,6 % -Amazon.com AMZN (NasdaqGS) $3,305.08 -6.79(-0.21%) In addition to being an e-commerce giant, Amazon also offers many other services. As one of the market leaders in the streaming space, Amazon Prime provides access to movies and TV episodes, among other services. The company's expected earnings growth rate for the current year is 16,6 %.    

Source: finance.yahoo.com

 

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