Netflix said co-founder Reed Hastings has stepped down as co-chief executive and will become executive chairman, in a leadership shuffle that comes as the streaming giant beat its own forecast for subscriber gains. The company on Thursday elevated heir apparent Greg Peters —who was key to the swift launch of an ad-supported tier of Netflix and previously served as chief operating officer—to co-CEO alongside Ted Sarandos. “Frankly, more and more, they’ve been leading the company,” Mr. Hastings said of Messrs. Read More...
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2 “Strong Buy” Stocks That Are Too Cheap to Ignore
Buy cheap? Even in the stock market, buyers like to find a bargain. Defining a bargain, however, can be tricky. There’s a stigma that gets attached to low stock prices, based on the reality that most stocks don’t fall without a reason. And those reasons are usually rooted in some facet of poor company performance. But not always, and that’s why finding stock bargains can be tricky. There are plenty of low-priced equities out there with sound fundamentals and solid future prospects, and these opt
