A positive update regarding Netflix's new USD 3 billion advertising tier will be great news for investors. It will also squeeze short sellers who are heavily betting on a 5th straight earnings collapse.
Is Netflix a good buy currently?
Yes I believe it is oversold and undervalued. Netflix's dominant global market share with over 325 million paid subscribers, remains the undisputed king of digital entertainment streaming business.
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- icycrystalΒ·18:59thanks for sharing1Report