Netflix, Amazon Shine In 2015; Energy Stocks Stumble by John Dorfman, Dorfman Value Investments
The stock market ran in circles this year and is little changed as the year’s final days tick down. But there were some mighty gainers and desolate losers.
Here are five of the year’s star performers and five of the goats.
The winners …
Among the 500 stocks in the Standard & Poor’s 500 Index, Netflix Inc. (NFLX) — up 144 percent —was the best gainer through Friday. The company has been ingenious in conveniently delivering TV shows and movies to the public, allowing people to binge-watch or nibble on any timetable they want.
I admire the company. I loathe the stock.
Why? Because it sells for multiples...
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