Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Netflix (NFLX) and the Streaming Wars -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (1260)	1/7/2016 11:23:12 AM
From: Zen Dollar Round	Respond to of 2280

I added to my NFLX position on Monday at $107+ in my trading account, and feel quite fortunate about yesterday's news given the overall market dump we're experiencing right now. NFLX is currently the only stock I hold in that account. I think adding that many countries to Netflix's stable will certainly push subscriber growth going forward, which seems to be the only thing Mr. Market cares about these days for this stock. Netflix's exclusive U.S. deal with Disney for new streaming content has finally taken effect this year, a deal signed in 2012: "Starting with Disney's 2016 feature films, Netflix customers will be able to stream a catalog of titles from Disney and four of its subsidiaries: Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios and Disneynature." money.cnn.com This bodes well for NFLX going forward. I still consider it a very risky stock to own given its P/E ratio and the increasing cost of acquiring content, but they're still the biggest dog on the block. I feel much better owning it than, say, AMZN right now, that has a P/E nearly 3x larger.