I just remember a few month ago, analysts were talking about netflix being oversold, and that they would recover. Looks like it ain’t gonna happen.
With all the competition from the likes like Amazon, Google, and Apple, with streaming movies/content, and from competition from cable companies directly, what is Netflix gonna offer than the other big three can’t?[/quote]
Netflix has had an almost 80% decline in value since it’s peak a bit over a year ago. To put it’s current price in perspective, it’s still selling at more than 2 1/2 times the P/E of Apple. Which one has better growth prospects? Kind of makes the claim that Apple is the most over-priced tech stock since the bubble seem a bit silly.
