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Netflix: A new world for video |
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| Mar 18, 2009 06:30 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Newsletters, Netflix, Inc. (NFLX), Stocks to Buy "There are always stocks that can buck the trend and go up when most others are going down; one such issue is Netflix (NASDAQ: NFLX)," says Sean Broderick. In Money and Markets, he explains, "Netflix has exceptional growth prospects as it ventures into streaming movies and games over the Internet. "Netflix is doing bang-up business, and if history is any guide, should continue to do so. During the Great Depression, movies were one of the few growth industries, as a weary world turned to escapist entertainment. "Netflix had an excellent recent quarter. Revenues jumped 19% and earnings rose 58%. EBITA, a widely used measure of a company's efficiency and profitability, hit a six-year high, and was up 18% over the year earlier. Continue reading Netflix: A new world for video Netflix: A new world for video originally appeared on BloggingStocks on Wed, 18 Mar 2009 13:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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