1 Billion Hours Streaming? People Still Confused.
Jul 9th 2012 4:26PM
Updated Jul 9th 2012 4:30PM
The following video is part of our "Motley Fool Conversations" series, in which analyst Jim Mueller discusses topics around the investing world.
Netflix CEO Reed Hastings announced that the company delivered more than 1 billion hours of streaming in June. Yet people are still confused over how this company works and how it stacks up against the competition. That adds up to a Messed-Up Expectation, so Jim will be adding shares of Netflix to the real-money portfolio he runs for The Motley Fool. Jim believes it has the potential to be a multibagger over the next several years.
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At the time this article was published Jim Mueller owns shares of Amazon.com and Netflix. The Motley Fool owns shares of Amazon.com, Walt Disney, and Netflix. Motley Fool newsletter services recommend Amazon.com, Netflix, and Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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