Why I'm buying more at a favorable valuation
Investors who picked up the Netflix stock during its low from January 2022 to January 2024 can consider themselves fortunate.
Live sports are aimed at encouraging cost-conscious customers to hold on to their subscriptions longer.
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Netflix, Inc. (NASDAQ: NFLX) is the leading streaming provider worldwide, now available in almost every country, with a few exceptions like China. The entertainment specialist impressed with its recent Q4 numbers, showing a record increase of 19 million new subscribers, driven by live sports broadcasts and the return of "Squid Game.” Planned price hikes in various regions were well received by the market. The newly introduced ad-supported subscription has tremendous appeal, accounting for 55% of all new sign-ups in the respective countries. While...
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