fizzzi
2022-12-06

Netflix finally heading where it's supposed to: the dump... this remains the most overvalued FANGAM stock (and one of the more overvalued big stocks probably)... this should easily return to 260, where it stood ahead of the misguided November rally, but it should probably go much lower than that in the near term... longer term, it could be a decent company, particularly if they manage to stay ahead of the pack. This is the reason I may go long at one point, but right now, their balance sheet and outlook are horrid for the current valuation.$Netflix(NFLX)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
36