Netflix Stock Prediction: Netflix Might Also Be An Acquisition Target

motek 1The 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

Netflix Stock Prediction

  • It might be wise to go long on NFLX now.
  • AT&T recently agreed to buy to buy HBO’s parent company Time Warner for $85.4 billion.
  • Disney or another firm might also answer AT&T’s move with a tender offer for Netflix.
  • Netflix has more than 83 million paying subscribers. They represent a huge market for Disney’s TV channels and movies content library.
  • As per the 30-day and 90-day algorithmic forecasts of I Know First, NLFX has strong buy signals.
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