Netflix Inc (NASDAQ:NFLX)
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Netflix delivers its comprehensive library of movies and TV shows online and through the mail in their ubiquitous red envelopes.
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Netflix delivers its comprehensive library of movies and TV shows online and through the mail in their ubiquitous red envelopes.
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NFLX might succeed in fending off hula, comcast, and others, ink some long term content deals like the one with disney, and be successful, but after the past two days, this stock has gotten way ahead of itself. This is not a high growth company and, at this p/e (or PEG) anything less than a grand slam will look like a loss. At this price, anything but the smallest position in a real-money portfolio is a pure gamble.