ROMLUCK

NETFLIX - personal opinion

Long
NASDAQ:NFLX   Netflix, Inc.
Hello everyone,🙋🏾

🗣Here again Rom with a personal opinion,
All traders have experienced the frustration of being “the last one to the party.” Missing the run.
And I think an opportunity has been created here, quietly and slowly.

I don't think it's necessary to introduce Netflix,
The big streaming company. NFLX

Company data
Market Cap 108.28B💰
P/E 22.54
Income 4.84B
Sales 31.03B
JP Morgan Target Price $240 → $330💥
Deutsche Bank Target Price $270 → $350💥

🎉Netflix has stopped losing customers, after struggling to hold on to them in the face of competition and pressures from the rising cost of living.
The streaming giant said it added 2.4 million households to its subscriber base over the July to September period.
That reversed the losses it suffered in the first half of the year after raising its prices in key markets.
Hits such as Stranger Things and Monster: The Jeffrey Dahmer Story helped draw viewers back to the site.
"After a challenging first half, we believe we're on a path to reaccelerate growth," the company said in a letter to investors on Tuesday.
The company said it expected to continue to add subscribers in the coming months. It is also rolling out several changes intended to restore its fortunes, including launching a less expensive option with adverts next month.

Those who want to be exposed to the stock indirectly can do so through the following ETF:🎲

Ticker_____Fund Name _________________ # OF SHARES

QQQ _____Invesco QQQ Trust_________________ 6.46M
SPY ____ SPDR S&P 500 ETF Trust____________4.83M
IVV _____iShares Core S&P 500 ETF ______ ____3.96M
VOO____ Vanguard S&P 500 ETF______________3.49M
VTI_____ Vanguard Total Stock Market ETF____ 2.96M

More content, follow me, express your opinion, and share me.💃🏿

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There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only.
Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one.
Investing in the stock market involves risking your money!⛔️
have fun💃🏿


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