Better Buy: Netflix vs. Roku
For an industry that exploded over the past two years, with tons of new players and soaring revenue, streaming is beginning a hard fall. But therein lies the problem; there are too many names in the market now, and they've all grown so fast that it's hard to post higher growth. There are only so many eyeballs to catch, and with the crowded landscape, it's easy to switch back and forth.
Two of the most prominent streaming companies are (NASDAQ: NFLX) and Roku (NASDAQ: ROKU). Which one of these stocks is the better buy today?
Netflix has faced formidable competition over the past few years as the new crop of streaming companies tries to chip away some of its market share. You have to give it a lot of credit for fending off these rivals, in addition to keeping up newly positive cash flow and robust profits. In fact, as most of the newer players duke it out for eyeballs and try to become profitable, Netflix is enjoying its leader status and will most likely be one of the companies left standing when the streaming wars are over.
Source Fool.com
Netflix Inc. Stock
Currently there is a rather positive sentiment for Netflix Inc. with 81 Buy predictions and 8 Sell predictions.
As a result the target price of 608 € shows a slightly positive potential of 4.79% compared to the current price of 580.2 € for Netflix Inc..