Sunday, October 26, 2014

Who Are the People Behind Oregon's Marijuana Legalization Drive? The Answer May Surprise You

Alaska, Oregon, and Washington, D.C. all have November ballot measure initiatives regarding the legalization of recreational marijuana, passage of which would put them in the same company as Colorado and Washington state.

While time will tell for certain whether voters will embrace legalization of the wacky weed, the "pro" side of the question has emerged as much more vocal – and well-financed – than the "con" side, with high-profile and moneyed supporters working tirelessly to ensure the passage of Measure 91, Oregon's legal pot initiative.

Billionaires and celebrities weigh in
In the two years since Oregon voted down a legalized-pot measure, the two dominant pro-legalization groups, Drug Policy Action, and New Approach PAC, have been building their support base and padding their financial coffers. The first alliance sharpened its skills on the successful efforts in Colorado and Washington state, making good use of the large cash donations of hedge fund founder and philanthropist George Soros.

The billionaire investor has been active in the pro-legalization battle for many years, and has donated the better part of $200 million to the Drug Policy Alliance, the New York-based group with which Drug Policy Action is affiliated. The Alliance was heavily involved in drafting Measure 91, just as it helped write the ballot initiatives in Colorado and Washington state. 

New Approach PAC is a more recent venture, spearheaded by the family of the late CEO of Progressive Corporation, Peter Lewis. Before his death late last year, Lewis had donated $96,000 to New Approach Oregon, and the new PAC has recently donated $300,000 to the effort to pass Measure 91. Lewis also donated more than $2 million to Washington state's legalization drive in 2012.

On the celebrity side, travel show host Rick Steves has been in Oregon on a 10-city speaking tour ahead of the Nov. 4 vote, using his worldly experience to promote a "yes" vote on the initiative. Steves sees legalization as a progressive political issue, noting that countries that decriminalize and regulate the drug are able to put public money otherwise spent on enforcement to better use.

Law enforcement officials speak out
Perhaps the most surprising supporters of Oregon's initiative are those involved in law enforcement – though, most are not presently working in that field, or living in Oregon.

Supporters who once had careers in law enforcement include a former U.S. Attorney for Oregon, a retired Oregon Supreme Court Justice, and a former county drug prosecutor – as well as a former county sheriff in the state of Oregon.

Perhaps the most high-profile official to lend his voice to the call for legalization is the current sheriff of King County in Washington state, John Urquhart. In a recent television spot, Urquhart doesn't tell Oregonians how to vote, but stresses that legalization in his state has freed up money for things like schools – without a commensurate rise in arrests for driving under the influence.

The TV ad is the third so far by the "Yes on 91" campaign, which has received $3.3 million from donors like Drug Policy Action and the New Approach PAC.

On the other side of the question is the "No on 91" camp, which has raised a little over $168,000. The bulk of the money, $145,000, came from the Oregon State Sheriffs' Association, while the Oregon Narcotics Enforcement Association kicked in $20,000. The main concern of the campaign, according to No on 91 Director Mandi Puckett, is that legalization will make weed more available to children.

Too close to call?
Though it looks as if the "ayes" should have it, the well-oiled machine of Yes on 91 may not have influenced public opinion enough to emerge victorious. The latest survey taken in October shows the pro-legalization side in the lead, though the percentage of undecided voters could conceivably turn the tide against legalization if enough of them were to cast ballots in opposition. 

With the election right around the corner, both sides of the issue will likely push to win over still-undecided voters. So far, however, the outcome looks too close to call.

Top dividend stocks for the next decade
The smartest investors know that dividend stocks simply crush their non-dividend paying counterparts over the long term. That's beyond dispute. They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investor's portfolio. To see our free report on these stocks, just click here.

Thursday, October 23, 2014

How to avoid homebuyer's remorse

homebuyers regrets The most common homeowner complaint is that the house is too small. NEW YORK (CNNMoney) Big purchases often come with big expectations.

So it's no wonder that in a recent survey of 2,000 homebuyers, a whopping 80% said they regretted at least one thing about their home.

The number one complaint: The home just isn't big enough, mortgage information site HSH.com found. Others complained about a lack of closet space or that the place didn't have enough bathrooms. Bad neighbors were also a problem, as was a substandard school system.

A lot of those issues could have been avoided.

Take Kenny Kline, who thought he got a bargain on a fifth floor walk-up apartment in Brooklyn, N.Y., last year. At $720,000, the two-bedroom seemed like a good deal in Brooklyn's competitive real estate market.

But walking up and down the five flights of stairs grew tiresome quickly.

"I'm only 29 so I thought I could handle it, but trudging up those stairs multiple times a day with groceries, packages, furniture, whatever, has really taken its toll," he said. "Then, I hurt my back. That made the epic journey up and down even more insufferable."

He plans to "tough it out for at least another year," he said, not wanting to repeat the moving process -- and all of the costs involved -- so soon.

Of course, some factors, like bad neighbors, can't be anticipated. And some conditions change over time. Nearby property may be developed into a shopping mall or freeway, for instance.

For Amanda Haddaway and her husband, privacy became a big issue when they lived in their Frederick, Md., townhouse. They could look out their windows right into the units of neighbors, who could look into the Haddaway's home just as easily.

The two also needed more space. When they had moved in together, the townhouse just couldn't accommodate their combined stuff.

So they sold the home and built a big, new one on a six-acre lot in Woodsboro, Md.

"It's definitely much more peaceful where we live now; our closest neighbors are a half mile away," said Haddaway. "And we've been able to get rid of our storage unit."

Freelance writer Lauren Bowling bought a house in Atlanta in July 2013 when she was still with her fiancé. But three months later, they broke up.

"I don't hate my house but, as a single woman, it is way more space, upkeep and energy than I need right now," she said.

She intends to keep it for a while since she'd like to try to recoup some of the money she spent on the purchase and renovations.

To keep you from buying a home you'll regret, Brendon DiSimone, a New York-based real estate broker and author of Next Generation Real Estate, offers up these tips.

Don't give in on your core requirements. If you know that having three bathrooms is important for your happiness but the house only has two, keep shopping.

Don't let yourself fall in love with a home that doesn't match your needs. Regret may not set in immediately but when it does, the fix, like adding a bathroom, might cost you plenty.

Don't cave in to a partner or spouse. If you believe you will be unhappy in the new house, don't let your wife of husband talk you into buying it. It will only cause resentment.

Know your give-in points. Everyone house hunts with a wish list, but there are some items that can be compromised. Tiny kitchens might be a deal breaker if you are an avid cook but maybe you can live without a den.

Calculator: Was my home a good investment?

Don't get caught up in the heat of the moment. Overpaying is one of the biggest sources of remorse, especially if buyers get involved in a bidding war. Bidding against other buyers can be exciting and entice homebuyers to throw their budgets out the window. But sometimes, it becomes more about winning than how much the house is worth to you.

"Ask yourself, 'Do I really want the house or do I want to beat somebody else out?'" he said.

Don't lose your edge. Once a shopper makes the decision to purchase a home, they sometimes overlook major issues. If the inspector finds dry rot i! n the joi! sts or the appraisal comes in much lower than the sale price, stand your ground: either pull out of the deal or get the seller to lower the price to reflect the cost of the repairs.

Do your research. These days, there's a ton of information available on the web that can help you in your search for a new home. Sites like Trulia and Zillow offer all sorts of stats on the quality of school systems, walkability and access to restaurants, as well as crime, that will help you assess whether a neighborhood or area is right for you.

Nothing Lasts Forever: Dow Drops 150 Points as S&P 500 Win Streak Ends

Stocks ended their four-day winning streak with a bang today, after a shooting in Ottawa spooked the markets.

Getty Images The NYSE use to look like this. This is New York Mercantile Exchange.

The S&P 500 finished down 0.9% at 1,927.11 today, while the Dow Jones Industrial Average dropped 153.49 points, or 0.9%, to 16,461.32 and the Nasdaq Composite fell 0.8% to 4,382.85. The small-company Russell 2000 fell 1.4% to 1,096.87. The 10-year Treasury fell 8/32 to yield 2.23%.

CRT Capital’s Ian Lyngen isn’t sure Ottawa should be given credit for all the risk off activity–and notes that it didn’t help boost Treasurys:

Treasuries were under pressure throughout most of the session on a combination of slightly higher-than-anticipated headline CPI and improving global equity prices (at least in the morning).  The rally in stocks reversed following the headlines on the Canadian shootings – although the negative price action in TSY persisted. The geopolitical concerns and general apprehension stoked by the shootings were the most compelling connections being made with the price action; but given the ongoing risk-off factors from ISIS to Ebola, we're reluctant to point to a single factor for the broader move.

The folks at Bespoke Investment Group looked at examples of similarly volatile markets and come away recommending investors wait before buying:

While the S&P 500 averaged a range of 1.7% (median: 10.1%) in the initial 15 day period, volatility declined significantly in the ensuing four weeks as the average high-low range fel by a third to 7.9%, which is only 10 bps more than the average for al one month periods since 1983. Furthermore, there were only two periods (5/27/87 and 9/23/85) where the high-low range over the next four weeks was higher than the range over the initial three week period. In terms of the S&P 500's actual performance, the index has averaged gain of 1% (median: +1.7%) in the following month with positive returns 70% of the time. This is slightly better than the average one-month return of 0.8% for all periods since 1983. So if you missed out on the market's rebound, should investors looking to increase exposure add now or wait for a pullback? Based on the prior occurrences, a better entry point may lie ahead.

Is today the start of that better entry point or was it the better entry point?

Tuesday, October 21, 2014

3 Big-Volume Stocks to Trade for Breakouts

DELAFIELD, Wis. (Stockpickr) -- Professional traders running mutual funds and hedge funds don't just look at a stock's price moves; they also track big changes in volume activity. Often when above-average volume moves into an equity, it precedes a large spike in volatility.

 

Must Read: Warren Buffett's Top 10 Dividend Stocks

 

Major moves in volume can signal unusual activity, such as insider buying or selling -- or buying or selling by "superinvestors."

 

Unusual volume can also be a major signal that hedge funds and momentum traders are piling into a stock ahead of a catalyst. These types of traders like to get in well before a large spike, so it's always a smart move to monitor unusual volume. That said, remember to combine trend and price action with unusual volume. Put them all together to help you decipher the next big trend for any stock.

 

With that in mind, let's take a look at several stocks rising on unusual volume recently.

 

Must Read: 10 Stocks Billionaire John Paulson Loves in 2014

 

Spirit Airlines

 

Spirit Airlines (SAVE) provides low-fare airline services, operating approximately 250 daily flights to 50 destinations in the U.S., Caribbean and Latin America. This stock closed up 3.8% at $58.96 in Monday's trading session.

 

Monday's Volume: 3.19 million

Three-Month Average Volume: 956,275

Volume % Change: 207%

 

From a technical perspective, SAVE ripped higher here with strong upside volume flows. This stock has been under heavy selling pressure over the last month and change, with shares falling from its high of $74 to its recent low of $52.75. That downtrend has produced multiple trading sessions of violent downside volatility, as shares were consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of SAVE have now started to rebound off that $52.75 low and it's starting to move within range of triggering a near-term breakout trade. That trade will hit if SAVE manages to take out Monday's intraday high of $58.99 to its 200-day moving average of $60.25 with high volume.

 

Traders should now look for long-biased trades in SAVE as long as it's trending above Monday's intraday low of $56.83 and then once it sustains a move or close above those breakout levels with volume that's near or above 956,275 shares. If that breakout develops soon, then SAVE will set up to re-fill its previous gap-down-day zone from earlier this month that started near $66.

 

Must Read: 5 Rocket Stocks to Buy for Earnings Season Gains

 

Gannett

 

Gannett (GCI) operates as a media and marketing solutions company in the U.S. and internationally. This stock closed up 5% at $29.08 in Monday's trading session.

 

Monday's Volume: 4.65 million

Three-Month Average Volume: 2.28 million

Volume % Change: 125%

 

From a technical perspective, GCI ripped sharply higher here above-average volume. This spike higher on Monday is quickly pushing shares of GCI within range of triggering a near-term breakout trade. That trade will hit if GCI manages to take out its 200-day moving average of $29.37 to some more resistance at $29.80 with high volume.

 

Traders should now look for long-biased trades in GCI as long as it's trending above Monday's intraday low of $27.85 or above $27 and then once it sustains a move or close above those breakout levels with volume that's near or above 2.28 million shares. If that breakout gets underway soon, then GCI will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day moving average of $31.47 to $32.90. Any high-volume move above those levels will then give GCI a chance to tag $34.

 

Must Read: How to Trade the Market's Most Active Stocks

 

Olympic Steel

 

Olympic Steel (ZEUS) processes and distributes metal products primarily in the U.S., Canada, Puerto Rico and Mexico. This stock closed up 1.9% at $19.07 in Monday's trading session.

 

Monday's Volume: 60,000

Three-Month Average Volume: 36,985

Volume % Change: 85%

 

From a technical perspective, ZEUS trended modestly higher here with above-average volume. This stock has been downtrending over the last month and change, with shares moving lower from its high of $24.35 to its new 52-week low of $17. During that move, shares of ZEUS have been consistently making lower highs and lower lows, which is bearish technical price action. That sharp downside volatility pushed shares of ZEUS into extremely oversold territory, since its relative strength index reading tagged a reading of 10. Shares of ZEUS have now started to bounce off oversold levels and it's now quickly moving within range of triggering a near-term breakout trade. That trade will hit if ZEUS manages to take out some near-term overhead resistance levels at $19.54 to $20.41 with high volume.

 

Traders should now look for long-biased trades in ZEUS as long as it's trending above some near-term support levels at $18 or above its 52-week low of $17 and then once it sustains a move or close above those breakout levels with volume that's near or above 36,985 shares. If that breakout develops soon, then ZEUS will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day moving average of $21.78 or $23.

 

-- Written by Roberto Pedone in Delafield, Wis.

 

RELATED LINKS:

 

>>5 Stocks Under $10 Set to Soar

 

>>Must-See Charts: 5 Big Stocks to Buy in a Tumbling Market

 

>>5 Stocks Insiders Love Right Now

 

Follow Stockpickr on Twitter and become a fan on Facebook.

 

At the time of publication, author had no positions in stocks mentioned.

 

Roberto Pedone, based out of Delafield, Wis., is an independent trader who focuses on technical analysis for small- and large-cap stocks, options, futures, commodities and currencies. Roberto studied international business at the Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany. His work has appeared on financial outlets including CNBC.com and Forbes.com. You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.


Sunday, October 19, 2014

Intel weathers PC decline in earnings report

Chip-maker Intel saw trading rise slightly despite its report Tuesday that net income fell 5% in the first quarter, with spending on its data center and tablet processors buoying optimism.

Shares traded rose nearly 3% after Intel's earnings announcement; company stock closed Tuesday at $26.77, near its 52-week high of $27.12, with trading up slightly. Intel's first-quarter performance of earnings per share of 38 cents, came in one cent higher than analysts expectations; its revenue of $12.8 billion matched expectations.

Quarterly revenue was down 1% from last year, but down 8% from the previous quarter. The company expects second-quarter income of $13 billion, a slight increase over first-quarter earnings and full-year revenue to be flat.

After dominating the PC industry for decades, Intel is looking to advance its mobile and Net devices strategies. "In the first quarter we saw solid growth in the data center, signs of improvement in the PC business, and we shipped 5 million tablet processors, making strong progress on our goal of 40 million tablets for 2014," Intel CEO Brian Krzanich said in a statement.

The company is also looking to tap into the move towards a Big Data-cloud platform and the Internet of Things movement — the connection of all types of wearable devices and appliances to the Net. "We demonstrated our further commitment to grow in the enterprise with a strategic technology and business collaboration with Cloudera, we introduced our second-generation LTE platform with CAT6 and other advanced features, and we shipped our first Quark products for the Internet of Things," Krzanich said.

Global worldwide shipments of PCs have continued to fall, down about 1.7% in the first quarter of 2013, according to research firm Gartner. Still, chips for PCs continue to be the majority of Intel's business, accounting for $7.9 billion in revenue, down 8% from the previous quarter — and down 1% from last year.

Meanwhile, Data Center revenue of $3.1 billion, fell 5%! from last quarter, but rose 11% from the previous year. Internet of Things revenue accounted for $482 million, while mobile communications accounted for $156 million.

RBC Capital Markets analyst Doug Freedman found some good news in Intel's report in that the company made more on the chips they sell and sold 1% more PC processors despite a declining PC market. "So Intel must have gained market share or they sold processors ahead of market growth," he said.

As for the Internet of Things and mobile strategies, he said "they are nice and exciting, but they are just too small for a company Intel's size."

Recently at the Mobile World Congress, Intel did announce multiyear deals to supply chips for smartphones and tablets for makers including Asus, Dell, Foxconn and Lenovo. "The pace inside our company is accelerating," Krzanich said in a teleconference with analysts Tuesday afternoon. "We have made a lot of changes (but) we have more work to do."

In January, Intel announced plans to cut about 5,000 jobs globally and sold its Intel Media cloud TV technology to Verizon.

Saturday, October 18, 2014

The Secret Indicator That Bulls Will Love

Ken Fisher has been writing the Forbes Portfolio Strategy column for 30 years and is the third-longest running columnist in Forbes' history. He is also founder, chairman and CEO of Fisher Investments, an independent money management firm, which manages tens of billions of dollars and serves tens of thousands of high net worth individuals, foundations, endowments, and large pension plans. He is the author of 10 books, 5 of which are national best sellers. Ken Fisher started writing his monthly column in 1984, the same year he gained international attention for his book Super Stocks, which popularized the price-to-sales ratio. His writing for Forbes was commemorated in a book published by Wiley in 2010, The Making of a Market Guru: Forbes Presents 25 Years of Ken Fisher. He was honored by Investment Advisor magazine as one of the industry's 30 most influential individuals over the last 30 years (Thirty for Thirty, May 2010). He is ranked No. 243 on the 2013 Forbes 400 list of richest Americans. For an archive of past columns, visit: http://www.fi.com/forbes

Contact Ken Fisher

The author is a Forbes contributor. The opinions expressed are those of the writer.

Wednesday, October 15, 2014

Stocks: 4 things to know before the open

S&P futures 2014 10 15 Click chart for in-depth premarket data. LONDON (CNNMoney) There's plenty going on Wednesday. Let's get straight to it.

Here are the four main things you need to know before the opening bell rings in New York:

1. Pharma deal on the brink: Shares in the U.K. pharmaceutical giant Shire (SHPG) dropped like a rock this morning -- down by as much as 29% -- following indications that U.S. drugmaker AbbVie (ABBV) may ditch its $55 billion takeover of the company.

AbbVie said Tuesday that its board of directors is taking another look at the deal after the Obama Administration introduced measures last month to make it harder for American companies to reduce their tax bills by merging with foreign firms and moving abroad.

"Beware the fallout," warned Mike van Dulken, head of research at Accendo Markets.

The withdrawal of this deal could hurt market sentiment, he said, which has been boosted by strong corporate deal-making activity this year.

2. Ready for earnings: Investors are preparing for a slew of big earnings announcements Wednesday.

Bank of America (BAC) and BlackRock (BLK) will report quarterly results before the opening bell. American Express (AXP), eBay (EBAY, Tech30) and Netflix (NFLX, Tech30) will report after the close.

Markets are also ready to react to Intel (INTC, Tech30) earnings. Shares are rising by about 1.5% premarket after the company reported a 12% jump in quarterly income compared to last year.

3. Mellowing markets: U.S. stock futures were relatively calm, with the indexes not straying far from Tuesday's closing levels.

U.S. stocks posted mixed results over the previous session. The Dow Jones industrial average slid slightly into the red, losing about 6 points. But the S&P 500 rose 0.2% and the Nasdaq ended the day 0.3% higher.

Markets seem to be mellowing out after taking a sharp dive between Thursday and Monday. However, the CNNMoney Fear & Greed index is still indicating that extreme fear persists in the markets.

On the other side of the pond, European markets were lower. Asian markets mostly closed with gains.

Shares in Toyota (TM) edged slightly higher in Japan despite th! e automaker's announcement of major recalls covering more than 1.75 million cars. The company's stock has declined by 7% since the start of the year.

4. Economic agenda: The U.S. Census Bureau will report monthly retail sales at 8:30 a.m. ET.

At 2 p.m., the Federal Reserve will release its Beige Book, which is a compilation of anecdotal information about the state of the U.S. economy.

Tuesday, October 14, 2014

Netflix, Inc (NFLX) Earnings Report: Will It Entertain Investors? AMZN & OUTR

The Q3 2014 earnings report for large cap Netflix, Inc (NASDAQ: NFLX), who's potential performance peers or competitors include Amazon.com, Inc (NASDAQ: AMZN) and small cap Outerwall Inc (NASDAQ: OUTR) which owns the Redbox business, is scheduled for after the market closes on Wednesday (October 15). Aside from the Netflix, Inc earnings report, it should be said that Amazon.com, Inc will report Q3 2014 earnings after the market closes on October 23rd (Thursday) and small cap Outerwall Inc will report Q3 2014 earnings after the market closes on October 30th. The last time around, Netflix, Inc reported a big increase in profits as subscribers hit the 50 million mark.

What Should You Watch Out for With the Netflix, Inc Earnings Report?

First, here is a quick recap of Netflix, Inc's recent earnings history along with EPS estimate trends from the Yahoo! Finance analyst estimates page:

Earnings HistorySep 13Dec 13Mar 14Jun 14
EPS Est 0.49 0.66 0.83 1.16
EPS Actual 0.52 0.79 0.86 1.15
Difference 0.03 0.13 0.03 -0.01
Surprise % 6.10% 19.70% 3.60% -0.90%
 
EPS TrendsCurrent Qtr.
Sep 14Next Qtr.
Dec 14Current Year
Dec 14Next Year
Dec 15
Current Estimate 0.93 0.85 3.81 6.48
7 Days Ago 0.93 0.87 3.84 6.59
30 Days Ago 0.91 0.88 3.87 6.63
60 Days Ago 0.91 0.89 3.88 6.60
90 Days Ago 1.06 0.97 4.10 6.82

 

Back in July, Netflix, Inc reported that third quarter revenue rose to $1.34 billion from $1.07 billion while net income rose to $71 million, or $1.15 per share, from $29.5 million, or 49 cents per share, a year earlier. In addition, the company reported having over 50 million members in over 40 countries as the US member base grew to more than 36 million on the strength of improving content offerings (including Orange is the New Black Season 2) and despite a $1 price increase (current subscribers get a 2 year break) while international membership grew 78% to 13.8 million.

In September, Netflix, Inc said it would launch Netflix in Germany, France, Austria, Switzerland, Belgium and Luxembourg where there are over 60 million broadband households. This launch would significantly increase Netflix, Inc's European presence and raise the current international addressable market to over 180 million broadband households, or 2x the number of current US broadband households.

After earnings, JPMorgan raised its price target for Netflix, Inc shares to $550 citing the solid Q2 results with continued international subscription strength. They also reiterated an Overweight rating on the stock.

Piper Jaffray said Netflix, Inc's Q2 results were solid and would have a positive bias on shares over the near-term. However, Piper Jaffray kept a Neutral rating on the stock and a $434 price target, saying investors will eventually be concerned about domestic saturation and that much of the easy gains in international may have already been made.

Bank of America analyst Nat Schindler maintained his Underperform rating (albeit he raised his price target from $246 to $294) saying the company's second quarter was in-line and there was "nothing to change the minds of bulls or bears." He also predicted that Netflix, Inc won't break-even internationally until the fourth quarter of 2015 - assuming no further market expansion.

Sterne Agee analyst Arvind Bhatia has a neutral rating on Netflix, Inc and while he believes the company has a solid business model and high expectation for strong growth in coming years, the real question is "what is the company's true addressable market worldwide?" Netflix, Inc executives have cited 700-800 million broadband households (including 200 million in China) as their addressable market and that there are 90 million broadband households in USA where the company has 36 million subscribers.

What do the Netflix, Inc Charts Say?

The latest technical chart for Netflix, Inc shows a big dip in the spring time and then a more steady performance during the summer:

A long term performance chart shows that Netflix, Inc has really outperformed Amazon.com, Inc and small cap Outerwall Inc – if you ignore the late 2011 and 2012 periods when an unpopular price increase in July 2011 had both customers and investors alike heading for the exits:

A technical chart for Amazon.com, Inc shows a downtrend since the start of the year while small cap Outerwall Inc was steady up until the summer when shares began to fall:

What Should Be Your Next Move?

If you count the potential for international growth, Netflix, Inc probably won't hit the broadband ceiling for growth for at least a few more quarters. Nevertheless, Netflix, Inc will eventually hit that ceiling plus it will need to stay ahead of any potential competition by having unique, interesting and exclusive content to keep members – a task that won't be easy.