OMG! Netflix Is Doomed!
The following video is part of our "Motley Fool Conversations" series in which analyst Jim Mueller discusses topics across the investing world.
To judge by the drop in share price today, many apparently believe Netflix is doomed after reporting earnings last night. Investors don't trust management when they say that subscriber counts will grow as projected for the year, despite a slowdown in the current quarter. Jim tells you why you should believe management on this, and it's not because of their warm smiles.
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At the time this article was published Jim Mueller owns shares of Apple and Netflix. The Motley Fool owns shares of Apple.Motley Fool newsletter services recommendApple and Netflix. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.