“Netflix (NFLX) caught my eye in September 2022 because the streaming service was gaining steam from viewers. Since then, the stock has rallied tremendously after Netflix reported growth in subscribers. Netflix viewership is up 7% year-over-year while Hulu, Amazon Prime Video, Paramount+, HBO Max, and Disney+ are all down. Netflix has made a strategic decision of adding a lower cost ad-tier. They are also cracking down on password sharing and are providing strong original content,” says LikeFolio’s Megan Brantley. Kevin Hincks and Joe Mazzola weigh in Netflix future potential growth.
Fast Market
17 Feb 2023
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