Netflix, Inc. – Common is now under Algo Engine sell conditions. NFLX was in our NASDAQ and S&P model portfolios since June 2019. The recent switch to sell signals resulted in the holding being sold for a 53% gain after a 752-day holding period.
Netflix is due to report earnings on July 20. Our sector preference is Disney.
Disney was added to the S&P model in February 2018 and has since increased 72%.