July 20thended another volatile week in the U.S. Stock Market. The award for most volatile stock goes to Netflix, Inc. (NFLX). With an increase of 4.2 million subscribers and a year over year revenue increase to $3.9 billion, NFLX dropped $55 a share, and quickly retraced in 48 hours.
NFLX is on sale and very attractive to the long-term investor. It’s very common to see volatility peak during an earnings period.
As a member of the Wealthy Investor program, you should take quarterly earnings very seriously and pay attention to press releases and top-line revenue growth.=
Next week, Wall Street learns the Q2 earnings of McDonalds (MCD), Visa (V), Alphabet Inc. (GOOGL), Intel Corporation (INTC) and Facebook (FB). Although I expect top-line revenue to be strong across the board, we must pay attention to all of the earnings reports of the stocks that we own.
I ask that you give each earnings period the respect it deserves if you want to create long-term wealth and financial freedom.
It’s the educated investor who will always reap the long-term rewards.
