Netflix streaming 🎞
Is it a good time to build a position for the streaming giant?
Yes, I would think so. The streaming landscape has become incredibly competitive in recent years, Netflix (NFLX) is one of the best streaming entertainment stocks, and I believe NFLX has shown good re-acceleration growth, and the movies, dramas, and television shows are of sufficient quality for all Netflix subscribers to continue supporting and subscribing to it. NFLX is still innovating and pushing new genres and areas of content.
Because the streaming business has become a trend for this generation, it could be another milestone for NFLX to continue growing and gaining investor confidence. NFLX will be more concerned with quality as well as operating profit earning. The cash flow has been unexpectedly improved as a result of the increase in advertising business and Netflix's business can obviously improve.
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