Netflix Stock Depends on These 7 Shows
As I wrote earlier this week, Netflix, Inc. (NASDAQ:NFLX) has a brilliant strategy to shut out the competition. The insurance for a higher NFLX stock price is the company’s original content strategy. By putting out great, exclusive shows, the company put Netflix stock on an unstoppable path.
This is exactly what the Netflix bears don’t understand. They simply look at the financial statements and complain that Netflix spent a lot of cash. What did they expect? That Netflix could fend off advances from its rivals simply by focusing on cost-cutting?
Many analysts mistakenly look at Netflix stock instead of Netflix the company. After all, NFLX is just the ticker symbol, the financial avatar, of a real business. Understanding the real-world challenges Netflix will face is key to deciding whether or not it’s a good investment. Right now, Netflix needs to build customer loyalty by putting out really, really good content.
Great programming is the only thing that can insulate Netflix stock from Hulu LLC and the “Amazon Prime” streaming service from Amazon.com, Inc. Here are the seven shows most likely to give Netflix an edge over its rivals.
Released this year, Narcos has already become one of the most popular shows on TV—except, of course, that it’s not technically on TV. Narcos is a Netflix original series that follows the life of Pablo Escobar, the notorious drug kingpin of Colombia. The show’s critically acclaimed first season was only released on August 28, 2015, but viewers are already pining for the next season.