Business
The Biggest Mistake Netflix Bears Are Making – The Motley Fool
Domestic competition isn’t even half the story for this streaming media giant.
Netflix (NASDAQ:NFLX) has been one of the best-performing stocks of the last decade, returning 2,400% as the company has successfully transitioned from DVDs by mail to a streaming giant. Nonetheless, it’s had its fair share of detractors along the way, and their complaints are familiar at this point.
Bears have long argued that Netflix’s streaming advantage will eventually be eroded by new competition, which will steal market share as they make streaming a priority. In the same line of reasoning,…
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