Netflix, Inc. (NFLX): Here’s How To Play It Now

And Netflix, Inc. (NASDAQ:NFLX) stock? I’ve found a place for it in my own portfolio, and I still like the opportunity. Hundreds of millions subscribe to some form of pay TV throughout the world. HBO has 100 million subscribers all by its lonesome. Each original program gets the company closer to becoming a network on the order of USA or perhaps SyFy, but with the added benefit of worldwide distribution. This is still a hypergrowth opportunity, I think, though at Netflix’s current valuation, it could take years for new shareholders to realize gains. Nibble on weakness.

Do you agree? Let us know where you stand on the streaming opportunity, and whether you’d buy, sell, or short Netflix, Inc. (NASDAQ:NFLX) at current prices, using the comments box below.

The article Netflix Stock: Here’s How to Play It Now originally appeared on Fool.com.

Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Netflix at the time of publication. He was also long Jan. 2014 $50 Netflix call options. Check out Tim’s web home and portfolio holdings or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends and owns shares of Amazon.com, Facebook, and Netflix.

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