Why Netflix Is Still a Buy
With Netflix shares up big this year and touching new all-time highs, are the video streamer's best gains in the rearview mirror? Not according to Fool contributor Demitrios Kalogeropoulos.
In the video below, Demitrios argues that Netflix's growth in Canada points to the potential for huge contributions from its international markets in the years ahead. Also, the company's recent Emmy wins underscore the success of its original content strategy, and will make it easier to attract quality talent from here. That's why, as a long-term shareholder, Demitrios remains bullish on the stock even at these lofty levels.
Americans reportedly spend nearly 34 hours a week watching television! With television viewing taking up almost as much time as the average work week, the potential for profits in the space is enormous. The Motley Fool's top experts have created a new free report titled "Will Netflix Own the Future of Television?" The report not only outlines where the future of television is heading, but offers top ideas for how to profit. To get your free report, just click here!
The article Why Netflix Is Still a Buy originally appeared on Fool.com.Fool contributor Demitrios Kalogeropoulos owns shares of Netflix. The Motley Fool recommends Amazon.com and Netflix. The Motley Fool owns shares of Amazon.com and Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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