2 Growth Stocks That Are Proving the Bears Wrong
Every company eventually encounters issues, and when it does, some investors will jump ship and argue that the stock is destined to underperform for a while. Unfortunately, some corporations do suffer that fate -- but others manage to turn things around. Those companies that can navigate challenging conditions and come out stronger are worth considering for long-term investors.
Let's discuss two examples: Netflix (NASDAQ: NFLX) and Pinterest (NYSE: PINS). These tech leaders have had their share of detractors in recent years, but are largely proving the bears wrong. Read on to find out more.
Netflix is one of the undisputed leaders in streaming. But while the company has generated superior returns over the long run, the landscape has shifted considerably since Netflix first opened shop. Competition has intensified, with several major corporations dipping their toes in the waters.
Source Fool.com
Netflix Inc. Stock
Currently there is a rather positive sentiment for Netflix Inc. with 81 Buy predictions and 8 Sell predictions.
As a result the target price of 609 € shows a slightly positive potential of 4.71% compared to the current price of 581.6 € for Netflix Inc..
