NFLX Stock Forecast: A Good Buy In The Long Run
The article was written by Jessica Kremer - Analyst at I Know First.
Summary:
- Netflix has invested millions into their technology and development costs, allowing them to create original content and a better customer viewing experience.
- The company grew by 10.1 million subscribers in this quarter, even beating out top estimates, and fueling my buy verdict.
- Netflix holds strong financials and with the dramatic increases in revenue and operating income this quarter, I am confident the company will only continue to grow.