No. of Recommendations: 6
I recently started a small position @68.50/share. (45% off its 52 week high).
From Seeking Alpha:
“Netflix is a best-in-class streaming industry leader that still has multiple avenues for future growth and a reasonable valuation.
Long-term tailwinds are structural in nature, including room for subscription price hikes and better ad monetization and global growth in the middle class.
AI could help to support engagement, ad monetization, and production. Meanwhile, Netflix has a long track record of navigating an evolving and competitive industry.”
Moderation in content spend growth will lead to improved operating leverage and profitability.
A stable subscription-based revenue model and disciplined capital allocation reduce downside risk and support NFLX as a compelling GARP investment.”
seekingalpha.com - Netflix too many tailwinds for the stock to stay down long term 