Netflix Has Huge News, and These 2 Stocks Could Be Big Winners. Time to Buy?
shook up the entertainment industry with its 2022 advertising launch, and the company just made it clear that the ad tier is rapidly being embraced.
At an industry conference last week, Netflix's president of advertising, Amy Reinhard, shared that the company had signed up more than 23 million subscribers, up from the 15 million it reported two months earlier. At that rate, the company could add 30 million ad-tier subscribers this year.
While that's a positive sign for Netflix, as it shows that it's attracting new subscribers and helping current subscribers stay on the platform but pay less, it's even better news for stocks that are well positioned to take advantage of the new advertising boom in connected TV. Let's look at two such winners.
Source Fool.com
Netflix Inc. Stock
Our community is currently high on Netflix Inc. with 81 Buy predictions and 8 Sell predictions.
With a target price of 609 € there is a slightly positive potential of 4.71% for Netflix Inc. compared to the current price of 581.6 €.
