facebookWhat do you think about Netflix stock? Is it worth a buy and hold for the long term especially it seems to be pandemic proof? - Seedly

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Anonymous

28 Apr 2020

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General Investing

What do you think about Netflix stock? Is it worth a buy and hold for the long term especially it seems to be pandemic proof?

Discussion (3)

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Colin Lim

28 Apr 2020

Financial Services Consultant at Colin Lim

Netflix may not be a good long term stock that u can look into....there are many competitors and most companies are launching their own app, netflix may be in trouble.

Launching of Disney+ is another stress to Netflix.

so i wont want to bet my money on netflix long term.​​​

If you are going to be holding onto a stock for long, you might want to look at it's prospectuses for the past few years to see its financial fundamentals and see its profitability and growth. Also, the growth in a sector mean growth for other companies as well. Then again, a growth in a sector for now may not be perpetual because technology stocks are usually growing fast (sometimes growing obsolete lol). Also, you might want to consider if Netflix is gonna offer mere streaming subscription service or offer other options; the diversification of its business might play a role in deciding. It is not costly/cumbersome to switch to another streaming subscription service from Netflix as well meaning it may not necessarily be a perpetual market leader so I will be cautious with putting a substantial portfolio allocation in that.

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Pang Zhe Liang

28 Apr 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

Know the competitors and whether it is capable to innovate for the future.

For example, YouTube has...

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