Is Netflix a Great Business?
$Netflix (NFLX.US)$ plans to spend about $17 billion on content this year, close to what it spent in 2021. This may indicate that the company is able to cut costs because it understands what types of content work best and how to produce shows more efficiently.
Netflix is the leader in streaming video, a segment that's expected to grow at double-digit rates in the coming years. Therefore, gaining exposure to companies in this segment can be a good opportunity for investors looking for companies considered to be "growth."
And even with the drop in shares, for those who believe in the company's potential to remain among the best in the segment and not lose too much market share to its competitors, Netflix is trading at prices not seen in a long time.
Which Streaming media are you using~
$Disney (DIS.US)$ $Amazon (AMZN.US)$ $Roku Inc (ROKU.US)$ $Apple (AAPL.US)$
$Disney (DIS.US)$ $Amazon (AMZN.US)$ $Roku Inc (ROKU.US)$ $Apple (AAPL.US)$
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