Should You Buy Netflix?
You’ve heard of the FAANG stocks: Facebook, Amazon, Apple, Netflix and Google.
These are all trillion-dollar companies … except for one: Netflix Inc. (Nasdaq: NFLX), which is only valued at $226 billion.
Yet investors continue to place Netflix on the same pedestal as the rest of the tech giants.
In today’s Market Insights video, Steve Fernandez and I discuss whether that should be the case.
We also take a look at Netflix’s latest earnings report to help you decide if you should buy its stock.
(If you’d prefer to read a transcript, click here.)
Editor, Strategic Fortunes
My career on Wall Street started while I was in college. I spent a summer interning for Merrill Lynch in the middle of the ‘90s bull market. I was fascinated with trading, and as a result, after college, I joined Salomon Brothers in the famed mortgage bond trading department. Later, I spent time at Citigroup working with credit derivatives. Eventually, I needed to walk away from the excess of Wall Street. That’s when I joined Banyan Hill in 2017. Now I help readers get ahead of the market and build their retirements.