NFLX is trying to expand and add subscribers. This will cause higher costs and therefore also a high P/E. But this is an investment in the Future. But they face also a federal class action lawsuit. Beware! Buy above 193.6 and keep the initial stop @ 174.5 Pos closed @ stop 174.50
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.