A number of companies have seen their stock prices soar as demand for their services or products increased due to people staying at home.Both companies are set to report second quarter earnings in the next few weeks and both companies are expected to show significant increases in earnings per share when compared to the previous year.
Netflix is expected to report earnings results on July 16.
By analyzing market trends from the first wave, you can predict behavior for the second.
Technology stocks have performed at historic levels this year, but the market is severely overbought.To compensate for that, look at performance during Q1 and Q2, the height of global Covid shutdowns.