Is Netflix a Hot Stock?
Netflix has revolutionized the way we rent DVD’s. Not only has it revolutionized this area of our lives, but it has also become a verb in it’s own right ” Oh, are you gonna “netflix” it?” Well, apparently all this revolutionizing and familiarity in branding are paying off, and who knows, you may want to purchase this stock some day!
Netflix stock was recently listed as a “moving” stock, which is a good thing, and was categorized right up there with Rite Aid, which has been moving and shaking the market for a few weeks now. Good investment for your future? May be!
Ask yourself this:
What is Netflix going to do for money when it’s cheaper to buy or download a video to a player w/a 400gb drive in your palm?
Don’t think that will happen…it will within 5 years.
Comment by Rick — June 29, 2006 @ 10:41 pm