Is Southwest Airlines (NYSE:LUV) stock a good "bottom-fishing" opportunity? That depends. Sure, it's stronger than its rivals. But that may not be enough.Source: Carlos E. Santa Maria / Shutterstock.com We may have made progress on overcoming the novel coronavirus pandemic. Yet, air travel could remain in the dog house for quite some time. As it stands now, investor sentiment towards the airline space remains negative. Even Warren Buffett has sold his airline stocks, including Southwest. On the other hand, we could be seeing a "darkest before the dawn" moment right now.So should investors buy airlines stocks today, when pessimism towards the sector is elevated, and sell them at significantly higher price when things rebound? Set it and forget it, right? Not so fast!InvestorPlace - Stock Market News, Stock Advice & Trading TipsBottom fishing with airline stocks is easier said than done. Since it's a capital-intensive, cyclical industry, it's easy for investors...
The biggest surprise for Netflix (NASDAQ:NFLX) stock in its first-quarter earnings report was its amazing subscriber growth -- more than double what analysts predicted.Source: Alex Ruhl / Shutterstock.com That raises the question: How is the leading streaming service going to keep all those new customers, as lockdown restrictions are eased (hopefully) this year and people start going back to work?After all, we can't all be locked in our homes forever. Right?InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe answer to Netflix's puzzle seems to be simple. It's all about the content. And despite the novel coronavirus that's affecting the entertainment industry just as much as anything else, Netflix has an enduring message.The show must go on. Netflix Is Resuming FilmingTed Sarandos, Netflix's chief content officer, recently wrote an op-ed in the Los Angeles Times reassuring customers that Netflix is committed to resuming its filming schedule. * 10 Key Stocks...
Shares of Facebook (NASDAQ:FB) gained 10% after the tech giant announced better than expected first-quarter results on April 29. FB stock has now made up all the ground it lost since the beginning of the year.Source: rvlsoft / Shutterstock.com With people sheltered at home, user engagement numbers soared, as daily active users grew at an impressive 11% year over year. Additionally, the platforms monthly users climbed to 2.6 billion, up 10% from the prior-year quarter.The company revenues were up by 18%, but down 8% from the same quarter last year. Excluding the $3 billion legal expense in the prior-year quarter, net income fell by 9.7%. Perhaps the company's primary concern is its ad revenues.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn an interview with CNBC, Facebook's Chief Financial Officer David Wehner said that there had been a broad-based pullback in advertising revenues from small and large enterprises. Nonetheless, Facebook's...
