You Don't Have to Pick a Winner in Streaming Services. Here's Why
Streaming entertainment has certainly been one of the most prominent growth sectors in the past decade. Adopting a consumer's perspective, this is probably obvious. But the investment implications are important to keep in mind.
There are many businesses in the space to put money behind. But investors are in a lucky position. They don't have to try and pick a single winner within the overall streaming landscape. Maybe it's best to consider buying shares of all the following companies to fully gain exposure.
A discussion about streaming service stocks likely brings up thoughts about (NASDAQ: NFLX) first and foremost. This is the undisputed leader in the industry, with 247 million members and $32.7 billion of trailing-12-month revenue.
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 4.33% for Netflix Inc. compared to the current price of 583.7 €.
