We came across a bullish thesis on Netflix, Inc. (NFLX) on Long-term Investing’s Substack by Sanjiv. In this article, we will summarize the bulls’ thesis on NFLX. Netflix, Inc. (NFLX)'s share was trading at $977.59 as of Jan 24th. NFLX’s trailing and forward P/E were 49.30 and 40 respectively according to Yahoo Finance.
[caption id="attachment_943039" align="aligncenter" width="750"]Netflix has transformed its financial profile after a decade of heavy investment in content, financed by debt and marked by negative free cash flows....
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