NFLX: Buy At $72.06

Published 11/15/2012, 12:49 AM
Updated 07/09/2023, 06:31 AM

Netflix, Inc. (NFLX) operates the leading streaming video subscription service, offering movies and TV shows to 24 million domestic subscribers for $8 per month. Netflix continues to rapidly grow its subscriber base, as it offers the widest selection of TV and movie programming on the largest array of televisions and other devices among all streaming providers.

Following a rare management misstep last year, Netflix shares have been volatile, having fallen as much as 80% from their highs. This makes Netflix very attractive.

On 31 Oct 12 I bought NFLX at $72.06.

Share price fallen 70%, this makes the stock very attractive. Strong support level at $50.
NFLX US Equity

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