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1 Stock to Buy, 1 Stock to Sell This Week: Netflix, Johnson & Johnson

1 Stock to Buy, 1 Stock to Sell This Week: Netflix, Johnson & Johnson

  • Iran war developments, PPI data, start of Q1 earnings season will be in focus during the week ahead.
  • Netflix is gearing up for a potential breakout as its Q1 earnings loom.
  • Johnson & Johnson faces a likely stumble with a projected earnings dip in the spotlight.

U.S. stocks closed mostly lower on Friday, but the S&P 500 still managed to score its best week since November as traders kept an eye on the fragile two-week ceasefire between the U.S. and Iran.Wall Street Performance

Source: Investing.com

For the week, the benchmark S&P 500 jumped 3.6%, the 30-stock Dow Jones Industrial Average rose 3%, while the tech-heavy Nasdaq Composite rallied 4.7%, and the small-cap Russell 2000 gained 4%.

The coming week will once again revolve around developments in the…

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