Market Wrap - Stock pick — Netflix
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Imtiaz Suliman from Sentio Capital chose Netflix as his stock pick of the day.
I'm going for Netflix, they reported their numbers in the US last week and it was slightly short of market expectations but if they had to report two days earlier it would have met market expectations. The overriding trend there is that they have the first movie advantage in terms of the streaming services and they have a massive database in terms of content availability. The big growth area is outside of the US which is providing them with a growth engine to leverage their database of programming in their stable .
I'm going for Netflix, they reported their numbers in the US last week and it was slightly short of market expectations but if they had to report two days earlier it would have met market expectations. The overriding trend there is that they have the first movie advantage in terms of the streaming services and they have a massive database in terms of content availability. The big growth area is outside of the US which is providing them with a growth engine to leverage their database of programming in their stable .
