Better Buy: Netflix vs. HBO
HBO parent AT&T (NYSE: T) reported earnings this Monday morning. Streaming video veteran Netflix (NASDAQ: NFLX) posted its quarterly results last week. Armed with fresh data from both sides, let's see which one of these video specialists makes for the better investment right now.
Netflix added fewer subscribers than expected in the second quarter. That's where market makers started a 25% share price drop. However, we're talking about a forgivable slight, arguably repaired by a solid performance in the third-quarter report. Investors remained largely unimpressed, leaving Netflix shares in the bargain bin. The stock should bounce back in a hurry if and when Netflix can prove that the upcoming launches of several new and/or improved streaming video rivals aren't the end of the world.
That should be easy because it's true. A few more streaming video options will hardly kill a company that also competes against every form of other entertainment such as board games, Fortnite, a brisk stroll on the beach, or sharing a bottle of wine with your significant other.
Source Fool.com
