Netflix: Tremendous Performance, But A Selloff Was Overdue

Netflix: Tremendous Performance, But A Selloff Was Overdue

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Netflix: Tremendous Performance, But A Selloff Was Overdue

Summary

I'm concerned about the overheated stock market and recommend rotating out of momentum winners like Netflix into safer a...

I'm concerned about the overheated stock market and recommend rotating out of momentum winners like Netflix into safer assets. Despite Netflix's strong Q2 earnings, its stock fell, signaling investor fatigue with its high valuation and reliance on price hikes for growth. Netflix's modest underlying viewership and subscriber growth raise doubts about sustaining double-digit revenue growth without further price increases.

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