There are very few companies that play a central role in people’s lives. Personally, I don’t use $NFLX all that much. I’ve been using Comcast aka Xfinity on demand for movies, Amazon prime for music — cutting out monthly iTunes purchases entirely. I used to buy about a 500 new songs per annum via Apple. Now I buy zero. In the car, I use Sirius and also have thier mobile version too.
For the site, we use google, Facebook, rackspace, Intuit, some internet telephony subscription, Alexa (owned by Amazon), PayPal, stripe, Citrix and a sundry of other small software services.
Most people that I know use Netflix. Stifel has upped the price target for the shares this morning, citing easy yoy compares and international expansion as a catalyst for the shares.
If you enjoy the content at iBankCoin, please follow us on TwitterNetflix target raised to $150 at Stifel — International to take the crown in 2017 – expect sub add acceleration & crossover point
Stifel raises their NFLX tgt to $150 from $140. Netflix will enter 2017 with a dramatically deeper catalog of original content and the company faces easier y/y subscriber growth comparisons due to one-time impacts related to the co’s price un-grandfathering during 2016. Some investors are modeling Netflix’s overall net subscriber additions to be lower in 2017 than 2016, which they think is an overreaction to temporary issues the company faced during 2016. They are raising their 2017 net subscriber addition forecast by ~1.1mm and expect Netflix to add slightly more subscribers than it did during 2016, which we think is conservative given the company’s compelling content slate in 2017 and the fact that Netflix now has a full year of experience in its youngest markets
Fly this is about one of your previous posts. Would you know when being a white male became a crime.
It’s racism practiced by the left, divide and conquer,
The jealousy towards the white male knows no moral ground or has boundaries. Pathetic!