Watching Netflix perform the way it has this year has been just crazy! The stock has more than doubled in price since January.
We have a company for you today that is trading in the same industry. We are very excited about this one! At current levels there could be some amazing potential for incredible gains in the short term.
Our report today is on: WhereverTV Broadcasting Corporation
The ticker for this Company is: TVTV
The sooner you start your research, the better!
TVTV is trading at: $0.18
One of the biggest gainers this year is Netflix.
Netflix was trading at around $90 a share earlier this year. Today the stock is well over $200 and it’s only May!
Netflix is proving how popular video streaming is.
Just last month the Company released their 1Q earnings that came in better than expected. The earnings were so strong that the stock soared almost 20% in after-hours trading shortly after the company reported.
2011 was the last time Netflix traded around these levels.
Netflix signed up more than 2 million new U.S. streaming subscribers in the first quarter which even topped the company’s own predictions.
Netflix brought in over $1 billion in revenue and now has 33 million subscribers!
If Netflix doesn’t prove how profitable the streaming industry is (video and music), just quickly go check out these stocks and where they are trading at: INTC, AAPL, GOOG, AMZN, P, MSFT, SNE, DIS, CBS, CMCSA, VZ, CSTR, TWX, VIAB, NWSA
All are trading considerably higher than TVTV!
TVTV provides subscription television service with the channels and events via an over the top (OTT) service platform to single-family, multi-family, high-rise, and businesses in North America.
Its platform downlinks, encodes, and broadcasts linear television programming cross the public Internet to connected televisions, blu-ray players, set top boxes, tablet PCs, laptops, and smartphones.
The Company distributes subscription services directly through its Website, wherever.tv, and via connected television platforms, such as Roku, Boxee, and Google TV.
05/05/2013 – Facebook (FB) and LinkedIn (LNKD) earnings had Wall Street buzzing about social media and mobile this week. But investors may not want to ignore less cool Microsoft (MSFT), say analysts.
Facebook generated excitement last week when its earnings release showed growth in mobile ad revenue and got investors excited that its mobile strategy is starting to pay off.
“The migration from desktop to mobile looked like a threat a year ago,” Kevin Landis, CIO of Firsthand Funds, told CNBC. “Now it looks like it plays to their advantage, particularly when you bring in the idea of new Facebook Home.”
With more than 1 billion people already socializing and few competitors, Facebook can build something “really awesome,” Landis said.
(Read More: Facebook ‘Isn’t Cool,’ and That’s Actually OK )
But in the Internet space, Facebook stock still isn’t Wall Street analysts’ favorite name. RBC Capital Markets analyst Mark Mahaney, who has said “mobile monetization at Facebook can work,” calls the stock just a “small buy.”
He has a $32 price target on Facebook, but said Netflix (NFLX), Amazon.com (AMZN), Google (GOOG), and even Priceline (PCLN) have more upside.
Ken Sena of Evercore Partners also believes Facebook looks expensive. “Facebook increasingly seems to be a media and communications platform,” he said. “What most investors bought into was somewhat of a marketplace.”
Sena prefers Google.
Microsoft ‘Keeps Coming’
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