What Cramer is watching Wednesday — Netflix's big rebound, PG beats on earnings

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Reed Hastings, Co-CEO, Netflix speaks astatine the 2021 Milken Institute Global Conference successful Beverly Hills, California, U.S. October 18, 2021.

David Swanson | Reuters

What I americium looking astatine Wednesday, Oct. 19, 2022

  • Netflix (NFLX) — Is the symptom over? Shares popped much than 12% successful the premarket aft the streaming level said it added 2.4 cardinal subscribers successful the 3rd quarter, reversing the losing inclination of the anterior 2 quarters. Management forecasts different 4.5 cardinal subs. It besides bushed net and income estimates. Deutsche Bank upgrades NFLX to bargain with a terms people of $350, up from $270, sees much levers to thrust growth. I accidental bargain shares of Club sanction Disney (DIS) disconnected of this report. 
  • The 2-year Treasury output is 4.48%.
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