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Netflix, Inc. (NFLX): A Bull Case Theory

We came across a bullish thesis on Netflix, Inc. (NFLX) on Substack by Quality Equities. In this article, we will summarize the bulls’ thesis on NFLX. Netflix, Inc. (NFLX)'s share was trading at $933.85 as of March 28th. NFLX’s trailing and forward P/E were 47.09 and 38.02 respectively according to Yahoo Finance.

[caption id="attachment_972515" align="aligncenter" width="768"] Photo by Souvik Banerjee on Unsplash[/caption]

Netflix has undergone a dramatic transformation from a DVD rental service into a dominant global entertainment powerhouse. Its success has been driven by...