A 50% pullback definitely gets my attention, but it doesn't automatically make Netflix a bargain. The streaming business isn't as easy as it was a few years ago, with fierce competition and massive content costs eating into margins. The market wants to see subscriber growth pick up again before rewarding the stock.
$Netflix 3xLongSG280725(9E7W.SI)$
$Netflix 3xShortSG280725(WWRW.SI)$
That said, I wouldn't write Netflix off. It's still one of the biggest names in streaming, generates strong cash flow, and the move into AI-powered content production could help lower costs over time if executed well. If management can prove there's another growth phase ahead, today's price could look very attractive in a few years.
For me, it's a watchlist stock rather than a buy today. I'd rather see the chart stabilise and the fundamentals improve before jumping in. Sometimes the best investment isn't buying the biggest dip—it's waiting for the trend to turn. 📺📈
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