Hulu recently announced that its subscribers soared to over 17 million in the past year, as the result of an expanded library of shows and new cable-like service. While this is much less than Netflix’s most recently reported 109.25 million memberships, Hulu’s growth is similar to what Netflix saw years ago when shares first started soaring.
Back in May 2016, Hulu said that it had 12 million subscribers, and since then it has seen subscriber growth of 42%.
Hulu was started as an online service for viewers who wanted to catch up on broadcast television and cable shows. But since, it has grown into a big name in the online streaming industry offering more.
Keep in mind that Walt Disney Co. (NYSE: DIS) acquired a majority stake in Hulu as part of its Fox acquisition deal announced last year. With the Mouse House at the helm and potentially pumping Hulu full of its content, this service could very well be the next big thing. Amazon and Netflix beware.
Shares of Netflix were last seen trading at $211.47, with a consensus analyst price target of $216.00 and a 52-week range of $128.50 to $212.95.
Amazon shares were trading at $1,247.49. The stock has a 52-week range of $789.51 to $1,259.33 and a consensus price target of $1,290.93.
Disney traded at $110.32 a share. The consensus price target is $113.49, and the 52-week range is $96.20 to $116.10.
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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