Netflix Stock Predictions: Strong International Subscriber Growth Is Why Netflix Is A Buy
he article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
NFLX Stock Predictions
Summary:
- As one of the famous FANG stocks, Netflix enjoys a stratospheric valuation when compared to other technology tickers.
- Like Amazon and Facebook, Netflix is a growth-driven company. In spite of stiff competition, FANG stocks managed to establish themselves as long-term leaders in their chosen line of business.
- Unlike Amazon though, Netflix has made a successful global expansion. Its international subscriber count is now larger than in the U.S.
- This is a very strong reason to stay or go long NFLX. International expansion will keep this company’s strong growth momentum.
- NFLX has positive near-term and long-term algorithmic forecasts from I Know First.