Streaming video chief Netflix (NASDAQ: NFLX) has a fairly constant historical past of beating even the extra optimistic forecasts on the subject of its progress. And it did so once more final quarter, when its huge library of tv sequence and films attracted extra new viewers than have been anticipated. Particularly, it was anticipated that the corporate would choose up 5 million web new prospects within the interval, however when it reported this week, it had added about 7 million — together with greater than 1 million in its comparatively saturated home market. Clearly, those that have been nervous the corporate was nearing the purpose in its lifespan the place the expansion curve flattens have been off base.
On this section of the Market Foolery podcast, host Chris Hill and senior analyst Andy Cross speak concerning the inventory and whether or not it’s nonetheless a purchase, the corporate’s outperformance methods, its management, its market alternatives, and extra.
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