The upcoming launch of a lower-cost, ad-supported subscription option from streaming powerhouse Netflix (NASDAQ: NFLX) will certainly be an interesting development. The Wall Street Journal reports (citing literature offered to potential advertisers) that Netflix itself is only estimating around 40 million subscribers will be using the cheaper option by late next year. A few research and analytics firms suggest interest in this lower-cost service could be far greater than Netflix publicly anticipates, ultimately paving the way for renewed (and much-needed) subscriber growth. Read More...
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Jim Cramer Gives These 2 ‘Strong Buy’ Stocks His Stamp of Approval
Everyone knows that you should buy low and sell high if you want to turn a profit in the markets. The trick is finding the bottom, to know when to buy. Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program, sees the market bottom hitting in the next couple of weeks, making the end of October the right time for investors to buy in. Referring to some recent predictions by market technician Larry Williams, Cramer says, “The bear market is more or less… toast and, even if the current rally s
