Is the market finally noticing the mounting challenges facing Netflix and the excessive risk in its stock? Based on recent price movement, the answer would be no, but with Macquarie Capital recently downgrading Netflix to underperform, and others questioning NFLX’s valuation, the issues, which I highlighted long ago, that face the company are slowly coming to light. Those issues include: unprofitable international expansion, dwindling competitive advantages, and a sky-high stock valuation. Fo...
Is the market finally noticing the mounting challenges facing Netflix and the excessive risk in its stock? Based on recent price movement, the answer would be no, but with Macquarie Capital recently downgrading Netflix to underperform, and others questioning NFLX’s valuation, the issues, which I highlighted long ago, that face the company are slowly coming to light. Those issues include: unprofitable international expansion, dwindling competitive advantages, and a sky-high stock valuation. Fo...
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