Netflix, Inc.
Long
Updated

Buy $NFLX - NRPicks 21 Mar

125
Netflix, Inc. provides entertainment services. It offers TV series, documentaries, and feature films across various genres and languages. The company provides members the ability to receive streaming content through a host of Internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. It also provides DVDs-by-mail membership services. The company has approximately 204 million paid members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.

The company is trying out a new policy with some customers, prompting certain people to sign up for a separate account if they aren't watching with the subscriber

- P/S 9.08
- EPS 1.57
- P/B 20.50
- ROE 29.62%

Technical:
- Low levels of RSI
- Price below MA50, above MA200
- Support at $500.00
Trade closed: stop reached
11 May

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