NFLX - Netflix: An Extraordinary Buying Opportunity
- Netflix got hammered again recently, bringing its total decline down to 75% from its all-time high several months ago.
- The streaming giant lost subscribers for the first time in more than ten years. However, the stagnant growth period could be transitory.
- Moreover, Netflix is growing more profitable and should report around $12 in EPS next year.
- I can't remember the last time Netflix traded around a 16 forward P/E multiple, but the company's stock is dirt cheap right now.
- Don't count Netflix's growth story out just yet. The company's stock could go much higher in future years.
For further details see:
Netflix: An Extraordinary Buying Opportunity