Spiders
2024-10-19

$Netflix(NFLX)$ Netflix's recent earnings report is indeed strong. The company continues to excel in producing innovative content that resonates with viewers, helping to maintain its competitive edge in the streaming market. However, despite these positive indicators, I am hesitant to invest in the stock at this time. The current share price appears to be significantly inflated compared to historical valuations and market trends.


Given the high valuation, I worry that the stock may not offer a favorable risk-reward ratio for new investors. While Netflix has a proven track record of success and a loyal subscriber base, I prefer to wait for a potential market correction or a more attractive entry point before considering any investment in the stock.


In a rapidly evolving media landscape, I want to ensure that I'm investing in companies that not only show strong performance but are also trading at reasonable valuations.

Netflix Beats! Possible to Hit $1000 in Jan.?
Netflix jumps to $999 and then retraces a little bit to previous high of $950 after it beats on the top and bottom lines for the fourth quarter and raised its 2025 revenue forecast. The company surpassed 300 million paid memberships during the quarter, adding a record 19 million subscribers. ---------------- Are you optimistic about Netflix's recent shows? After Netflix's beat, would you take profit at $$950 or hold till the stock split? Is it possible to hit $1000 in Jan.?
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