Jim Cramer on Netflix's Earnings, and His Three Keys for Earnings Season
Happy almost Friday!
Jim Cramer breaks down what investors need to know when it comes to Netflix , earnings season and how he's looking at the markets.
Cramer's Thoughts on the Markets Here's what Cramer is thinking when it comes to the markets.
He's got one piece of advice for investors who are worried about the heavy amount of headlines flooding the market.
He said that investors need to get away from the day-to-day.
Netflix and Stress?
Investors aren't feeling so Netflix and chill about the streaming company's Q2 quarter.
Real Money Stock of the Day Netflix is taking a beating after it missed subscriber expectations Wednesday night.
However, interestingly enough, Netflix chalks the subscriber miss to a slew of factors--yet none of them are competition.
"We don't believe the competition was a factor since there wasn't a material change in the competitive landscape during Q2, and competitive intensity and our penetration is varied across regions," Netflix said in its earnings release Need Some Investing Advice?
Cramer's chock-full of it.
First and foremost, listen to the earnings call!
But there's most.
Cramer says that there are three things that investors need to keep an eye on right now.
He says that the first thing to note is fortitude, then there's the erratic factor--Cramer notes that we've seen erratic earnings.
And, finally, investors need to always do their homework.
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