facebookIs Netflix a good buy? Saw that their shares Netflix tumbled after subscriber growth missed. Are there any other strong Netflix competitors? - Seedly

Anonymous

05 Dec 2020

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Is Netflix a good buy? Saw that their shares Netflix tumbled after subscriber growth missed. Are there any other strong Netflix competitors?

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Their main competitors are Disney + and Amazon Prime videos.

Netflix business is highly concentrated in the streaming business unlike the other 2, although it is the largest amongst them.

Do note they have high debt compared to cash and have been having negative cash flows even in recent years.​​​

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Chan Ze Ming

21 Oct 2020

Accountancy and Finance Student at Nanyang Polytechnic

Hello!

Netflix is one of the most popular streaming app in the world. I am not sure about their competitors except Disney plus (They recently announced that they are gonna invest more on streaming apps). As for the price, did it only tumbled because of the growth miss or market weakness or some other underlying reasons (rally for a long time, hot stock, caused it to rise too much)?

Might want to use some technical indicators such as RSI, Ma cross and MACD to see if its under/over valued (4hr chart - rsi 28.87 but macd/ma cross not gonna cross anytime soon i guess)

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Lin Yun Heng

21 Oct 2020

Senior Analyst at Delphi

Again, price alone tells you nothing about the company, its valuations or how well it is performing....

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