#5 - Netflix (NASDAQ:NFLX)
Netflix (NASDAQ: NFLX) Remember a few years ago when people thought the idea of streaming content was a fad? Remember when investors were presuming that a company like Netflix had to have more to offer than just being an alternative to their local video store? Then Netflix started creating its own content and the ballgame changed. The company continues to fundamentally change not only how we watch, but what we watch. The company faces competition in the streaming space as evidenced by it recently missing on its subscriber goals which caused its stock to take a small loss. However, with the stock up 64% for the year, it seems investors are not jumping ship. One of the reasons for this is that the company continues to sign major talent, such as the creator of the ABC hit show Black-Ish, Shonda Rimes (Grey’s Anatomy) and Ryan Murphy (American Horror Story). Not only does this create confidence that Netflix will continue to create compelling new content while keeping this talent off the market.
About Netflix
Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.
More- Current Price
- $1,006.60
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 26 Buy Ratings, 9 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $1,021.70 (1.5% Upside)
