I sure hope you bought some Netflix shares a little while back, because Wall Street is absolutely in love with the streaming giant. Netflix’s stock reached an all-time high on Tuesday, trading at $628.50 per share. And it may not stop there.
Some analysts think that Netflix’s value is still on an upward growth trajectory, especially now that rumors are starting that it will soon expand into China.
Apex Capital analysts, for example, feel that Netflix could become the next $100 billion tech company, saying that Netflix is “quickly becoming one of the most powerful media companies in the world.”y.
Netflix CEO Reed Hastings agrees, saying the following in the company’s recent earnings call:
“Internet TV is growing around the world at incredible rates . . . And so we’re really propelled by that big macro trend.”
Is Netflix destined to keep climbing, or will The Street’s notoriously fickle affections begin to wane?
[via Wired]
Time to remind investors…
“No one looses money by taking a profit”
NetFlix will need to do three things. And it maybe hard in the long run?
1. Keep the price of streaming down. And at a very very good price.
2. Keep the good old TV shows and movies up and going.
3. Keep getting new content. And making good new content.
A few things that can hurt Netflix. And in a big way.
Movie Co’s don’t renew the rights to show the movies & TV shows with NetFlix.
The Net Caps kick in on your streaming use.
The TV & Movie Co’s tell NetFlix they must pay this much more. Like 30-40% more for the rights to show it.
Just a few things that can happen…
I will give it 7-10 years and 50-75% of the TV & Movie Co’s will have there own online deals going. And will not renew anything with NetFlix…..
Just some thoughts.
and no commercials! if Netflix keeps the commercials out and the price down we will keep renewing.
Something I have always wondered……… If Netflix could add an alacart streaming channels like the cable companies carry they could rule the world.
So why do they not offer streaming channels like HGTV, SCIFI, USA, Etc?
I would drop DISH like a hot potato! ( I only keep it because my wife can’t do without it. LOL.)
Here goes Danofiveo again. I don’t know why he has to “doom talk” so much. I would have thought he would have learned his lesson with the Comcast/TimeWarner non-merger he was so dog gone sure would go trough. Some people just never learn.
And it was all set to happen. The FCC even was all ready to ok it.. BUT!
The Feds step’ed in. And told Comcast they were full of it. And Comcast backed out. Now Charter is going after Time Warner…..
You ever wonder why Time Warner wants to sell so bad?
Something is up… What you got me.
Why would the number two Cable Co want to sell out?
There is a Fox with the chickens.