Although the shares of this Internet TV company have had a wild ride, our contributor thinks there’s plenty more room for growth.
Netflix (NFLX)
from US Investment Report
With meaningless price ratios but steamroller revenue growth, Los Gatos, CA-based Netflix (NFLX) is an Internet television network company with 50 million worldwide subscribers to its streaming video and mail-delivered DVD services.
Revenue growth brings improving margins, but a penny’s earnings miss last quarter has provided a rare opportunity to buy NFLX on a price dip. A month ago 11 or 33 analysts rated the stock a strong buy or buy; today 28 of 37 analysts accord it a strong buy (15) or buy (13) rating.
Stephen Quickel, US Investment Report, www.usinvestmentreport.com, 215-862-0399, July 25, 2014