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Netflix, Amazon, Amcor And A Consumer Defensive Stock: CNBC's ‘Final Trades'

The article is a CNBC "Final Trades" roundup centered on Netflix, with several other stocks also highlighted by market commentators. Bryn Talkington named Netflix as her pick even though the streamer recently reported mixed Q2 results: revenue rose 13% year over year to $12.56 billion but missed estimates, while EPS of $0.80 beat expectations. The piece also notes that Netflix has faced competitive pressure around Paramount Skydance’s push to acquire Warner Bros. Discovery, with Paramount accusing Netflix of trying to derail the deal. Other featured names include Amazon, which beat Q2 revenue and earnings estimates, Amcor ahead of its Aug. 12 fiscal Q4 earnings, and Estée Lauder, which recently received a Hold rating and a higher price target from Jefferies. Overall, the article is a collection of stock ideas with a mildly positive tone for Netflix and Amazon, while Amcor and Estée Lauder are discussed more as outlook/valuation names.

Category

Netflix

Sentiment

Mixed

Event

Market commentary

Reading time

1 min