One of our top picks, 3 timer, NFLX reported EPS of $0.77 vs consensus estimates of $0.63, exceeding expectations! The stock surged nearly $90(~19%) today, taking our highest profit to nearly 420%!
Yet again, patience on top picks can be rewarding as we started with a loss on 2 of the 3 positions!
The noticeable metric was the 4.9 million new subscribers added, with over 2 million signing up both domestically and internationally. Even more so, the new international subscribers came in ahead of new domestic subscribers!! This is what we bet on NFLX for, and it is paying off!
Stay tuned as our next recommendation is coming soon!