This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Netflix Good Long Term Potential Despite High Valuation By BrokerBank Securities, Inc.

NEW YORK, April 24, 2014 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) Last year global movie ticket sales set a new record rising to $35.9 billion. Considering nearly 70% of that total came from international markets outside the US, it is safe to say that we are not the only ones enjoying our own movies. Although only up 5% from 2012, international movie ticket sales are up 33% from five years ago. Meanwhile, ABI Research put out a report earlier this year saying that worldwide pay-TV subscribers are expected to exceed 1.1 billion by 2019, aided by the help of the increasing internet protocol television (IPTV) segment. At the end of 2013, there were approximately 903.3 million pay-tv subscribers worldwide which generated nearly $250 billion in service revenue. Separately, IPTV operators reported roughly 92 million subscribers generating around $37 billion in service revenue. One company that has revolutionized the movie and TV industry while continually growing its subscriber base is Netflix – a company that nearly every person on Earth knows about and is easily identified by their bright red envelopes.

Netflix, Inc. is an internet television network with more than 48 million members in over 40 countries across the world. The company operates in three segments: domestic streaming, international streaming, and domestic DVD. Whereas the domestic and international streaming segments derive revenues from monthly subscription services consisting solely of streaming content, the domestic DVD segment (only available in the US) derives revenues from monthly subscription services consisting solely of DVD-by-mail (which includes both regular DVDs and Blu-ray discs). The company also develops its own content and original series, such as House of Cards and Orange is the New Black. Their core strategy is to grow their streaming subscription business domestically and internationally while improving their members' experience by expanding streaming content and extending streaming service to even more internet-connected devices. 

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,126.12 -36.87 -0.20%
S&P 500 2,120.79 -2.69 -0.13%
NASDAQ 5,097.9760 -8.6170 -0.17%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs