|Day's range||48.13 - 48.13|
One bank that fits the description of something Warren Buffett might be interested in. Plus, Motley Fool analysts Sanmeet Deo and Tim Beyers face off against one another with stocks they believe are a better buy right now. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
Netflix (NFLX) stock is becoming increasingly attractive as it innovates its product offerings, according to one Wall Street Analyst. Mark Mahaney, Evercore ISI’s Senior Managing Director & Head of Internet Research points to Netflix’s ad-tier rollout and its subsequent lower priced options as key catalysts for the stock over the next twelve months. Mahaney, who has an outperform rating and $400 price target on the stock for the next year lists Netflix as a top pick in the tech sector. Netflix’s password crackdown weighed on shares over the last several months but have since rebounded as investors shift their focus to the the increased revenue Netflix could gain from more users paying their own way to use the platform, Mahaney argues. The analyst’s price target reflects nearly 30% upside from where Netflix shares closed on Friday and comes along other top picks in the tech sector such as Meta (META) and Uber (UBER). Yahoo Finance’s Seana Smith and Dave Briggs sit down with Mahaney to discuss his bull case for Netflix. Key moments 0:00:05 - Top tech picks 0:00:31- The potential positives for Netflix stock
TikTok’s CEO Shou Chew testified in front of the House Energy and Commerce Committee on Thursday in defense of the popular app. The Biden administration is giving TikTok an ultimatum, sell TikTok or face a U.S. ban of the app. Lawmakers grilled Chew for more than 5 hours about whether TikTok is a threat to national security. The Dog Eared Book Owner Carrie Deming joined Yahoo Finance to discuss how a ban could impact her independent book store. “The TikTok I know looks nothing like what they were talking about," Deming said. "I'm on BookTok. It is the most wholesome corner of any of the internet.” Deming told Yahoo Finance a third of the store’s sales come from the e-commerce site, pushed up significantly by the bookstore’s TikTok account. “My book store's been open for eight years. And for that whole time we've been on Facebook and Instagram...when I do a post on the Meta platforms, they're rather ineffectual.” Watch the full interview with Seana Smith and Dave Briggs here. Key video moments 00:00 On the TikTok Deming knows 01:15 On Deming's follower count on various social platforms