Q: Good morning 5i, there isn't much talk about Netflix on this site so I am wondering if you can give me your outlook on it as a growth stock for 10 plus years.
To me it is so well priced for what you get that I will never cancel it. They are currently winning the streaming wars with 148.8 million subscribers globally. They have a ton of competition coming but I don't think any competitors even Disney will be able to compete with them and would anticipate most consumers not canceling Netflix for Disney but adding Disney to their list of streaming services and cutting cable... They have a huge lead (subscriber wise) already and continue to grow, I don't think even Disney will be able to compete with the amount of NEW content they release, not the quality of content but but quantity of content which is what will help grow and maintain subscribers. Foreign content and subscription growth is huge for them as well and where they need to grow anyways. I view them as the leader in streaming and with a global growth outlook they seem to be the best bet to maintain they dominance. The global video streaming market size anticipated to reach USD124.57 billion by 2025, according to a new report by Grand View Research, Inc. Looking ahead if they maintain and grow dominance worldwide do you not see this stock as being one of the best options for growth?
They as you would surely point out have a ton of debt and burn cash etc. Morgan Stanley predicts they become free-cash-flow positive in 2021 and reach over $10 billion in free cash flow in 2025. Thank you for your thoughts!
To me it is so well priced for what you get that I will never cancel it. They are currently winning the streaming wars with 148.8 million subscribers globally. They have a ton of competition coming but I don't think any competitors even Disney will be able to compete with them and would anticipate most consumers not canceling Netflix for Disney but adding Disney to their list of streaming services and cutting cable... They have a huge lead (subscriber wise) already and continue to grow, I don't think even Disney will be able to compete with the amount of NEW content they release, not the quality of content but but quantity of content which is what will help grow and maintain subscribers. Foreign content and subscription growth is huge for them as well and where they need to grow anyways. I view them as the leader in streaming and with a global growth outlook they seem to be the best bet to maintain they dominance. The global video streaming market size anticipated to reach USD124.57 billion by 2025, according to a new report by Grand View Research, Inc. Looking ahead if they maintain and grow dominance worldwide do you not see this stock as being one of the best options for growth?
They as you would surely point out have a ton of debt and burn cash etc. Morgan Stanley predicts they become free-cash-flow positive in 2021 and reach over $10 billion in free cash flow in 2025. Thank you for your thoughts!
