Netflix (NFLX) is down due to something management said. Meanwhile profits jumped 467% last qtr. What are you complaining about?
More subscribers and higher subscription rates are helping boost Netflix (NFLX), as profits look to double in 2018 — and perhaps 2019. Maybe even 2020.
With triple-digit profit growth, increasing profit estimates, and a solid franchise name, Netflix (NFLX) is the perfect Internet stock. But is the stock now too high to buy?
Netflix’s (NFLX) P/E is 85 (when we look at 2018 est). That’s low by Netflix standards. And with triple-digit profit growth expected in 3 of the next 4 qtrs, the stock’s looking good.
Disney is starting its own paid streaming service and taking its Disney and Pixar movies from Netflix (NFLX). But the big news is NFLX is growing profits — fast.