Tuesday, July 17, 2012

Investopedia: Bull Vs. Bear - Netflix Can Rise Back To $100

Question: Can Netflix Hit $100 Again?
Bull's Response
It's been a wild ride for Netflix (Nasdaq:NFLX). Once a darling of the "growth at any cost" crowd, Netflix stock enjoyed a rocket ride from late 2008 to mid-2011 that took it over $300 a share. Then came the "Apocaflix" strategic shift/marketing nightmare that not only confused and alienated customers, but dramatically dented investor and analyst confidence in the story. So now the question before is whether Netflix can hit $100 again. For those of you also considering this question, here's what I believe to be the main arguments for a bull case for Netflix reaching that level again.

Please click here for more:
http://stocks.investopedia.com/stock-analysis/2012/Bull-Vs.-Bear-Netflix-Can-Rise-Back-To-100-NFLX-AAPL-AMZN-GE0717.aspx

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