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Netflix (NFLX): Benefiting from a bad economy |
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| Feb 18, 2009 05:35 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Newsletters, Netflix, Inc. (NFLX), Stocks to Buy, Recession
"Netflix bolted higher on a great earnings report last week, and impressively, followed through to the upside for a few days. Bad economic times seem to mean good news for Netflix, as an evening at home with a few DVDs is way easier on the budget than even a bargain matinee at the Cineplex. "That's the message of Netflix' boffo quarterly results that came out on January 26. Earnings walloped analysts' estimates and more than twice the predicted number of new subscribers signed up. Continue reading Netflix (NFLX): Benefiting from a bad economy Netflix (NFLX): Benefiting from a bad economy originally appeared on BloggingStocks on Wed, 18 Feb 2009 12:35:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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