Netflix Stock Forecast For 2015 Based On A Predictive Algorithm, Part II

Summary

  • NFLX is up more than 18% Wednesday after its Tuesday earnings report.netflix-logo
  • Strong subscription growth has been made possible because of international expansion.
  • Netflix will complete its global expansion in the next two years, remaining profitable over that period.
  • I Know First published a bullish forecast for Netflix on January 9th.

Algorithmic Analysis

As posted on the first Netflix article, Netflix’s position on the algorithmic charts indicates a strongly bullish signal for the company in the three-month and one-year time horizons. In the article published on January 9th, I Know First claimed it would not take as long for the stock price to rebound this time, and that investors should be on the lookout for the earnings report released on January 20th.

Since the article asserting a bullish stance on Netflix was posted, the stock price has increased over 20%, as investors regained confidence in the stock after the fourth quarter earnings report was released yesterday. The arguments for a bullish outlook on Netflix came to fruition in the report. I Know First continues to be bullish on Netflix, believing that the company’s strategy of international expansion and new, exciting original content will drive the company’s growth, however, the stock is likely to stay volatile, like all companies that put expansion and growth before profit.

Read the full article on Seeking Alpha