Latest news with #HardingLoevner
Yahoo
31-05-2025
- Business
- Yahoo
Analyst on Netflix (NFLX): Every Selloff Has Been a ‘Tremendous' Opportunity
Commenting on JPMorgan's recent downgrade on Netflix, CNBC's Guy Adami said in a program that while the ratings action is 'reasonable,' Netflix Inc (NASDAQ:NFLX) has defied all selloffs in the past. Very reasonable. I mean, they're overweight, they go to neutral, still have a $1,220—what is it—1220 price target. Good for them. I mean, this is what the analyst community should be doing. I admire the call and I understand it—valuation, the market, all those different things. But with all that said, I don't think you really run all that far away from Netflix. I mean, every selloff for the last couple years has been a tremendous opportunity. They continue to dominate the space. JPMorgan recently cut its rating on Netflix Inc (NASDAQ:NFLX) to Neutral from Overweight. alin-surdu-j5GCqQM3eYA-unsplash (1) Harding Loevner Global Developed Markets Equity Strategy stated the following regarding Netflix, Inc. (NASDAQ:NFLX) in its Q4 2024 investor letter: 'During the quarter, we benefited from strong stocks within the Communication Services and Consumer Discretionary sectors. Netflix, Inc. (NASDAQ:NFLX) was our top relative contributor; the company provided a favorable outlook for subscriber growth in 2025 and made progress in two key areas, live TV and advertising. The streaming service broadcast its first sporting events, including two National Football League games on Christmas, and said that the ad-supported plan it launched two years ago amassed 70 million subscribers, more than investors expected.' While we acknowledge the potential of NFLX, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NFLX and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Analyst on Netflix (NFLX): Every Selloff Has Been a ‘Tremendous' Opportunity
Commenting on JPMorgan's recent downgrade on Netflix, CNBC's Guy Adami said in a program that while the ratings action is 'reasonable,' Netflix Inc (NASDAQ:NFLX) has defied all selloffs in the past. Very reasonable. I mean, they're overweight, they go to neutral, still have a $1,220—what is it—1220 price target. Good for them. I mean, this is what the analyst community should be doing. I admire the call and I understand it—valuation, the market, all those different things. But with all that said, I don't think you really run all that far away from Netflix. I mean, every selloff for the last couple years has been a tremendous opportunity. They continue to dominate the space. JPMorgan recently cut its rating on Netflix Inc (NASDAQ:NFLX) to Neutral from Overweight. alin-surdu-j5GCqQM3eYA-unsplash (1) Harding Loevner Global Developed Markets Equity Strategy stated the following regarding Netflix, Inc. (NASDAQ:NFLX) in its Q4 2024 investor letter: 'During the quarter, we benefited from strong stocks within the Communication Services and Consumer Discretionary sectors. Netflix, Inc. (NASDAQ:NFLX) was our top relative contributor; the company provided a favorable outlook for subscriber growth in 2025 and made progress in two key areas, live TV and advertising. The streaming service broadcast its first sporting events, including two National Football League games on Christmas, and said that the ad-supported plan it launched two years ago amassed 70 million subscribers, more than investors expected.' While we acknowledge the potential of NFLX, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NFLX and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
05-04-2025
- Business
- Yahoo
Strong Results Lifted Amazon.com (AMZN) in Q4
Harding Loevner, an asset management company, released its 'Global Developed Markets Equity Strategy' fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. International stock markets concluded the last quarter of 2024 on a negative note, although US stocks significantly surpassed the rest of the world, during the year and the quarter. The fund declined by -0.99% gross of fee in the fourth quarter compared to a -0.07% decline in the MSCI World Index. For the full year, the strategy rose 15.2%, lagging the benchmark's 19.2% gain. In addition, please check the fund's top five holdings to know its best picks in 2024. In its fourth quarter 2024 investor letter, Harding Loevner Global Developed Markets Equity Strategy emphasized stocks such as Inc. (NASDAQ:AMZN). Inc. (NASDAQ:AMZN) provides consumer products, advertising, and subscription services through online and physical stores that operate through North America, International, and Amazon Web Services (AWS) segments. The one-month return of Inc. (NASDAQ:AMZN) was -10.46%, and its shares lost 3.60% of their value over the last 52 weeks. On April 3, 2025, Inc. (NASDAQ:AMZN) stock closed at $178.41 per share with a market capitalization of $1.891 trillion. Harding Loevner Global Developed Markets Equity Strategy stated the following regarding Inc. (NASDAQ:AMZN) in its Q4 2024 investor letter: "During the quarter, we benefited from strong stocks within the Communication Services and Consumer Discretionary sectors. In Consumer Discretionary, Inc. (NASDAQ:AMZN) reported strong third-quarter results. Revenue increased by double digits, led by growth in advertising and Al products, while the company's operating margins also hit an all-time high of 11%. The key reasons for the higher margins were that its international e-commerce operations turned profitable, and there was faster growth in its high-margin cloud-computing business." A customer entering an internet retail store, illustrating the convenience of online shopping. Inc. (NASDAQ:AMZN) is in first position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 339 hedge fund portfolios held Inc. (NASDAQ:AMZN) at the end of the fourth quarter compared to 286 in the third quarter. In Q4 2024, Inc. (NASDAQ:AMZN) achieved global revenue of $187.8 billion, representing an 11% year-over-year growth excluding the impact of foreign exchange. While we acknowledge the potential of Inc. (NASDAQ:AMZN) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. We covered Inc. (NASDAQ:AMZN) in another article, where we shared the list of top stocks to watch as investors brace for a potential recession. In addition, please check out our hedge fund investor letters Q4 2024 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
05-04-2025
- Business
- Yahoo
Favorable Outlook Lifted Netflix (NFLX) in Q4
Harding Loevner, an asset management company, released its 'Global Developed Markets Equity Strategy' fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. International stock markets concluded the last quarter of 2024 on a negative note, although US stocks significantly surpassed the rest of the world, during the year and the quarter. The fund declined by -0.99% gross of fee in the fourth quarter compared to a -0.07% decline in the MSCI World Index. For the full year, the strategy rose 15.2%, lagging the benchmark's 19.2% gain. In addition, please check the fund's top five holdings to know its best picks in 2024. In its fourth quarter 2024 investor letter, Harding Loevner Global Developed Markets Equity Strategy emphasized stocks such as Netflix, Inc. (NASDAQ:NFLX). Incorporated in 1997, Netflix, Inc. (NASDAQ:NFLX) is a streaming platform. The one-month return of Netflix, Inc. (NASDAQ:NFLX) was 2.91%, and its shares gained 44.15% of their value over the last 52 weeks. On April 3, 2025, Netflix, Inc. (NASDAQ:NFLX) stock closed at $917.05 per share with a market capitalization of $392.275 billion. Harding Loevner Global Developed Markets Equity Strategy stated the following regarding Netflix, Inc. (NASDAQ:NFLX) in its Q4 2024 investor letter: "During the quarter, we benefited from strong stocks within the Communication Services and Consumer Discretionary sectors. Netflix, Inc. (NASDAQ:NFLX) was our top relative contributor; the company provided a favorable outlook for subscriber growth in 2025 and made progress in two key areas, live TV and advertising. The streaming service broadcast its first sporting events, including two National Football League games on Christmas, and said that the ad-supported plan it launched two years ago amassed 70 million subscribers, more than investors expected." A home theater with family members enjoying streaming content together. Netflix, Inc. (NASDAQ:NFLX) is in 14th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 144 hedge fund portfolios held Netflix, Inc. (NASDAQ:NFLX) at the end of the fourth quarter compared to 121 in the third quarter. While we acknowledge the potential of Netflix, Inc. (NASDAQ:NFLX) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. We covered Netflix, Inc. (NASDAQ:NFLX) in another article, where we shared the list of top stocks to watch as AI trade dynamics change. In addition, please check out our hedge fund investor letters Q4 2024 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
