Netflix is underperforming and JP Morgan calls it a good buying opportunity

Netflix is underperforming and JP Morgan calls it a good buying opportunity

5 years ago
Anonymous $syBn1NGQOq

https://www.cnbc.com/2019/04/02/netflix-is-underperforming-and-jp-morgan-calls-it-a-good-buying-opportunity.html

Recent underperformance from Netflix stock offers investors a rare chance to pick up exposure to the online streaming platform, according to J.P. Morgan Securities.

Analyst Doug Anmuth told clients that while the S&P 500 and other internet stocks have proven better bets in recent weeks, uncertainty over whether Netflix subscribers will abandon the platform amid higher prices is overblown.