It was the best of times, it was the worst of times. This week on PlayingFTSE, it's a tale of two growth stocks.
With Steve D away this week, Paul and Steve W gamely take on two stocks that have been attracting the attention of growth investors over the past months and years. Both Tesla and Netflix announced earnings this week and they've had contrasting fortunes.
Netflix announced strong revenues and profits, but the headline news is that the company that was forecast to add around 2m subscribers managed to lose 200,000. Worse yet, it's guiding to lose more in Q2. The stock was hammered as a result.
Both Paul and Steve have stocks with exposure to this space. As Briscoe considers the shape of the industry and the state of the competition, Steve thinks about the underlying business at Netflix. Does either of them see the drop as a buying opportunity?
By contrast, Tesla reported stellar earnings. Deliveries were at record highs (though short of expectations) as factories in Berlin and Texas came online in Q1. The company also guided strongly for the rest of the year.
As the stock pushes higher, but only slightly higher, is it time for the PlayingFTSE boys to get involved? Also, with Elon Musk continuing to make noises about Twitter, what do Paul and Steve think of the management at Tesla?
Find out on this week's PlayingFTSE show!