Photo Credit: Global Panorama

This week the winners feature popular names like Netflix and Apple.

Netflix (NFLX) | Ecommerce: Netflix surprised investors Monday afternoon after reporting better than expected results on both the top and bottom line. Leading the way was its growing user base that added 370K memberships in the U.S. and 3.2 million international, handily beating the 2.3 million analysts had predicted. A majority of these gains can be attributed to the recent glut of original content including Stranger Things and the newest season of House of Cards. Its newest series, Luke Cage, was in such high demand at the time of its release that it crashed Netflix’s servers.  It appears as if increasing competition, particularly from Amazon, and un-grandfathering users into higher price points is having no material impact. Shares skyrocketed 20% following the print, far exceeding what Forcerank users were expecting when they placed the online streaming platform second in this week’s e-commerce contest

Bank of America (BAC) | Financials: Bank of America is coming off a strong quarterly report of its own. The bank posted earnings of 41 cents on revenue of $21.86 billion, handily beating the Estimize consensus by 5 cents. Bank of America made its biggest gains in sales and trading revenue. The sector reported a 14% rise on the back of a 32% explosion in fixed income trading revenue. Many experts were expecting a strong report after JPM, WFC, and C all crushed expectations the Friday beforehand. Forcerankers saw this as an opportunity to propel BAC to the top spot this week and jump JPM in the process. A strong earnings season combined with an all but certain rate hike this year suggest a robust final quarter of the year for the financials sector.

NVidia (NVDA) | Semiconductors: NVidia leads the charge in this week’s semiconductors contest that features multiples stocks that have soared in 2016. The sector has thrived this year thanks to the evolution of new technologies including data centers, gaming, automotive and Internet of Things. These are some of the sectors NVidia finds itself moving towards in an effort to expand business outside of GPUs. NVidia is still an industry leader in GPU’s despite the noble efforts AMD has made to catch up. Analysts are optimistic that the chipmaker can continue its winning streak this earnings season which has historically driven the stock up. In the meantime, shareholders can expect to see the stock edge higher as OBV reaches a new peak.

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