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Netflix: Coronavirus Cements The Company as Untouchable

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Home Blogs > Business
Apr 25 '20 | By CEO | Views: 42 | Comments: 0

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Many analysts forecast Netflix would be dethroned by Apple and Disney. However, this overlooks Netflix's substantial lead and dominant global position. Broadband penetration is a headwind but will soon be a tailwind. Netflix currently trades at a PE ratio of 85 despite a 5-yr avg of 212. Read More.

Source: https://www.forbes.com/sites/bethkindig/2020/04/25/netflix-coronavirus-cements-the-company-as-untouchable/

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