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ARK Invest's Cathie Wood is curling up on the couch to binge invest in Netflix (NASDAQ: NFLX) this week. She's also lightening up on her stake in fellow streaming wunderkind Roku (NASDAQ: ROKU).

(The author is a Reuters Breakingviews columnist. The opinions expressed are their own. Updates to add links.)

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell Top 200 Growth ETF (Symbol: IWY) where we have detected an approximate $254.1 million dollar outflow -- that's a 5.9% decrease week

Netflix (NASDAQ: NFLX) spearheaded the cord-cutting and streaming trend over the past several years, amassing an incredible 208 million subscribers worldwide and generating $26.4 billion in revenue over the last 12 months.

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. We'll use ROE to examine Netflix, Inc. (NASDAQ:NFLX), by way of a worked example.

Comcast (CMCSA) plans to speed up the transition of content from its production studios to its Peacock streaming service. According to Reuters, movies from Universal Pictures will move exclusively to Peacock within four months after showing in cinemas.

Currently, Universal films move to streaming platforms about six months after being screened in theatres. AT&T’s (T) HBO Max and HBO TV are some of the streaming services that Universal movies go to soon after they leave cinemas.

The accelerated release of Universal movies on Peacock is set to begin next year. Animated content from Illumination and DreamWorks Animation will also move to Peacock quicker.

"By showcasing content across multiple platforms throughout the Pay-One window, (Universal) titles will constantly refresh across the streaming ecosystem ensuring no title or platform is oversaturated," Reuters quoted the company as saying.

In addition to speeding up the release of new films on Peacock, Universal also plans to produce original films specifically for the service. According to Reuters, media companies are bringing more content to their streaming services to compete for home viewers with Netflix (NFLX), Walt Disney (DIS), and others. (See Comcast stock chart on TipRanks).

Morgan Stanley analyst Benjamin Swinburne recently reiterated a Buy rating on Comcast stock and raised the price target to $70 from $65. Swinburne’s new price target suggests 21.40% upside potential.

The analyst cited higher expectations for Comcast’s NBCUniversal and Sky businesses in reaffirming the bullish view. Swinburne sees a compelling risk/reward for Comcast stock at current levels, despite an M&A discount on shares likely persisting.

Consensus among analysts is a Strong Buy based on 15 Buys, 2 Holds, and 1 Sell. The average Comcast price target of $64.33 implies 11.57% upside potential to current levels.

CMCSA scores a “Perfect 10” on TipRanks’ Smart Score rating system, indicating that the stock has strong potential to outperform market expectations.

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Comcast Corp's Universal Pictures will send new movies exclusively to the company's Peacock streaming service no later than four months after they debut in theaters, the company said on Tuesday.

Comcast Corp's Universal Pictures will send new movies exclusively to the company's Peacock streaming service no later than four months after they debut in theaters, the company said on Tuesday.

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Apple (NASDAQ: AAPL) is apparently hungry for real estate on your Roku (NASDAQ: ROKU) remote. Shares of Roku moved higher on Wednesday after screenshots showed the remote for the high-end Roku Ultra streaming device replacing a Sling TV button with one for the Apple TV+ service.

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