Netflix, Inc. (NASDAQ: NFLX) is able to “hit every cylinder,” and the company benefits from allowing consumers to save money on its services.
Snipe, a frequent guest on CNBC teeth Founder and Chief Investment Officer of Odyssey Capital.
Netflix, Inc. (NASDAQ: NFLX) reported a “really good” Q1 result as earnings per share was 25% year-on-year, but its revenues increased by 12% year-on-year.
Netflix, Inc. (NASDAQ: NFLX) allows consumers to save $20 a month on streaming services by trading to the ad tier. This was a “huge winner” for the company, he said.
“I will always like this name,” the investor concluded.
Last month, stocks rose 14%, but also rose 14% in the past three months.
While we acknowledge the potential of NFLX as an investment, our belief lies in the belief that some AI stocks offer higher returns and hold the greater promise of limited downside risk. If you’re looking for AI stocks that are more promising than NFLX and have a potential of 100x upside, check out our report on this Cheapest AI stocks.
Read next: Best AI stocks to buy now and According to the billionaire, 30 best stocks to buy now.
Disclosure: None. This article was originally published Insider Monkey.
