While many bears argue that Netflix (NFLX) is overvalued, I think the company’s valuation is justified due to the fact that it the company has a unique business that has disrupted the cable-TV market and faces very little competition. The company still has enormous growth potential in the U.S. as well as in the international market. In my opinion, Netflix’s valuation of $40 billion justified and the company can move higher as it expands its footprints internationally.
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Scooped by
Institut sur la gouvernance (IGOPP)
July 14, 2015 9:04 AM
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