StockStory Backs Netflix, DoorDash and Flags Shutterstock as Consumer Internet Sector Drops 20%
Updated
Updated · stockstory.org · Jun 11
StockStory Backs Netflix, DoorDash and Flags Shutterstock as Consumer Internet Sector Drops 20%
2 articles · Updated · stockstory.org · Jun 11
Summary
StockStory named Netflix and DoorDash as consumer-internet buys while urging investors to sell Shutterstock in a new stock screen.
A 20% six-month sector pullback versus the S&P 500’s 6.9% gain framed the call, with the firm arguing weaker consumer spending is pressuring demand across the group.
Netflix won support for rising paid memberships, a 16.2-point improvement in free-cash-flow margin and buyback-aided earnings growth; DoorDash for 22.9% annual order growth, 25.6% expected revenue growth and 179% annual EPS growth over three years.
Shutterstock was singled out as risky because customer spending has fallen 87.9% on average, revenue is forecast to drop 19% over the next 12 months and EPS has declined 6.3% annually over three years.