Wed, Jan 31, 2024 1:16 PM
Dr Reddy's shares rise 4% on Q3 PAT jump but brokerages remain unmoved
A Flip by Shubhangi Gupta
In its 22 years as a publicly traded company, streaming giant Netflix (NASDAQ: NFLX) has delivered market-crushing returns and probably made many millionaires. However, it faces a very different competitive landscape than it did two decades ago. Further, it is now a much bigger company, which may limit its upside potential. Despite these factors, Netflix remains an excellent long-term bet.
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Last week witnessed a collective surge in market valuation among six of the top-10 most valued companies, amounting to a notable increase of ₹1,30,734.57 crore. State Bank of India and ICICI Bank emerged as the principal beneficiaries, aligning with an overall optimistic trend in the equity market. Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying Tata Power.
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Since going public in the 1960s, McDonald's (NYSE: MCD) has likely minted more than a few millionaires, given its sensational stock returns. The company has opened tens of thousands of restaurant locations worldwide since going public. And it outsourced much of its restaurant operations to third-party franchisees, boosting corporate margins. But is it too late to buy McDonald's stock in 2024?
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