Silver Spring Networks sees an opportunity in the world’s antiquated power grid infrastructure that can’t handle accelerating demand or integrate with emerging technologies.
Growth is certainly there. Product revenue dipped last year, but overall revenue has nearly tripled in two years. Silver Spring Networks is still not profitable, but investors are willing to overlook that shortcoming if the potential is there.
Silver Spring Networks Inc (NYSE:SSNI) definitely has that potential.
4. Netflix, Inc. (NASDAQ:NFLX) hits you up with a friend request
Netflix, Inc. (NASDAQ:NFLX) is finally able to milk the viral benefits of having more than 27 million domestic subscribers through Facebook Inc (NASDAQ:FB) .
Netflix Social launched this week, allowing subscribers to tap into their fellow Facebook buds for video recommendations and conversation fodder.
Netflix users choosing to opt in will be able to share their viewing habits and ratings with others agreeing to the platform. Network Social adds two new categories to the service’s recommendation engines, as subscribers can now see titles that their friends rated four or five stars, as well as movies and TV shows that friends recently watched.
No, this won’t post on Facebook by default (though you can enable that feature).
Yes, you will be able to “unshare” titles just in case you get caught watching something randy or Gigli.
Netflix had to lobby legislators to overturn an archaic law from the 1980s that prohibited this perk, and now that it succeeded it’s ready to spring it into action.
This is a smart move for a few reasons:
- The “Friends’ Favorites” tab can inspire future conversations with your video buff friends, especially if you don’t ultimately agree with the lofty rating.
- Retention rates should increase as subscribers now won’t want to let their friends down by cancelling.
- Homes where several people share the same account may now be tempted to open individual accounts to make the most of this feature.
Did you know that Netflix CEO Reed Hastings is on the Facebook board of directors?
5. I can see clearly now
Terrestrial radio juggernaut Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) is another name that doesn’t get on this list often, but it enhanced its popular iHeartRadio streaming app this week by implementing desirable elements of live radio.
Clear Channel’s “Add-Ins” will allow iHeartRadio users to have brief snippets of local news, weather, or traffic inserted into their streams. It’s a smart move, even if it may seem to cannibalize the company’s flagship business of operating 850 radio stations around the country.
Clear Channel’s iHeartRadio — broadcasting most of the company’s stations and more — has been turning heads by staying on the leading edge. There isn’t a lot of encouragement for terrestrial radio these days, but Clear Channel’s doing the right thing by beating someone else to be its own disruptor.
The article This Week’s 5 Smartest Stock Moves originally appeared on Fool.com.
Longtime Fool contributor Rick Munarriz owns shares of Netflix. The Motley Fool recommends Facebook and Netflix. The Motley Fool owns shares of Facebook and Netflix.
Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
