23 Oct 2020 22:59
Netflix Inc. (#NFLX) is one of the largest Internet TV companies with 44 million subscribers in more than 40 countries. Subscribers have access to more than a billion hours of TV programs and films every month, including television series produced by the company. Clients of Netflix Inc. can watch its contents an unlimited number of times.
Netflix Inc. is a pioneer in the field of online streaming of TV programs and films. It first appeared in 1997. The company launched streaming videos in 2007. The first steps that Netflix took after the foundation were to create the whole ecosystem of devices connected to the Internet as well as acquire licenses for an impressive amount of contents. Thanks to this, Netflix clients get access to TV programs and movies through TVs, computers, and mobile devices directly. The main business strategy of Netflix Inc. is to sell subscriptions to streaming services in the United States and abroad.
In 2016, most analysts concluded that the market underestimated Netflix shares at the time. Experts pointed at the great prospects of the corporation that managed to successfully overcome the crisis. Moreover, it also maintained its global status, increased the income, and recruited many experienced workers. Analysts think these factors have greatly helped Netflix Inc. to upstage its business rivals. For Netflix, an economic crisis can imply the strengthening of its position on the market as the company offers cheaper services than cable TV operators. According to FactSet, the United Kingdom takes the fourth place among countries which bring the company the maximum profit after the USA (71%), Japan (4.3%), and Germany (3.5%). Netflix's activities aimed at active expansion have proven to be fruitful. Nowadays the company is considered to be very promising and its securities are almost always in demand.
Shares of Netflix Inc. are popular among traders thanks to the good dynamics of price movements. It is possible to start working with the corporation's stocks at any time. Traders can always find the information on the price of Netflix shares and trading conditions online.