Has Netflix Turned the Corner?
Jul 12th 2012 9:10PM
Updated Jul 12th 2012 9:18PM
Today, analyst Andrew Tonner discusses Netflix (NAS: NFLX) , which received some encouraging news recently. The stock surged after reports that it leads the cable industry in usage, and company leadership remains encouraged that it can grow in the future. But a host of challengers are cutting into Netflix's chokehold on that industry, which possesses limited overall potential, and Netflix looks like a hold for the near future.
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At the time this article was published Andrew Tonner has no positions in the stocks mentioned above. The Motley Fool owns shares of Amazon.com, Google, and Netflix. Motley Fool newsletter services recommend Amazon.com, Google, and Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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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