Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Netflix, Inc. (NFLX) Shining But Investors Should be Careful: Robert Peck

This year on the NASDAQ, Netflix, Inc. (NASDAQ:NFLX) is the top performing stock, as investors have taken more interest in it than in the likes of Apple Inc. (NASDAQ:AAPL) and, Inc. (NASDAQ:AMZN). However, it is not the time to buy in, according to analyst Robert Peck of SunTrust Robinson Humphrey, as he told CNBC on Wednesday. Peck said that the investors should be patient as Netflix, Inc. (NASDAQ:NFLX)’s shares are up 37% year-to-date, at about $472, but its stock is trading at 50 times earnings before certain expenses.

Netflix Inc logo (NFLX)

“We love the story. We love the opportunity. We love the underlying trends. We would just look for a better entry point here to get into the stock,” Peck said.

Investors might be interested in a company which has a better performing stock that may seem to be a lovely opportunity to invest as well but they should never be impatient while making such an investment decision. They should always wait for the right time, which is what Robert Peck advocates for. The fourth quarter earnings report for Netflix, Inc. (NASDAQ:NFLX) showed that its efforts to expand its user base abroad was panning out. After the disappointing subscriber numbers in the last quarter, investors have reacted with glee, with shares showing a continuous and dramatic increase since.

“Any time you roll out in new markets there could be little hiccups or bumps along the way. I think that’s what spooked people in the third quarter, but the fourth quarter you saw them beat both on the domestic side as well as the international side. It seems that the content is really resonating with consumers,” Peck said.

He also said that the value of Netflix, Inc. (NASDAQ:NFLX) depends on its content, mentioning some famous programs like “Orange is the New Black” and “House of Cards”. He said that Netflix is also broadening its scope of movie production by offering sequels to popular movies on the platform, like the 2000 martial arts epic “Crouching Tiger, Hidden Dragon”, the sequel of which will release simultaneously in theaters and on Netflix. He said that Netflix, Inc. (NASDAQ:NFLX) is planning to spend about $3 billion on its content as compared to, Inc. (NASDAQ:AMZN) which is planning $1.5 billion of investment. Evidence also exists that these customers are buying multiple streaming services to replace or supplement their existing cable packages.

Netflix, Inc. (NASDAQ:NFLX) is not only expanding its scope of programming but is also capturing more of the global arena as it has recently entered into Cuba. Investors might get attracted with the well performing stock of Netflix, Inc. (NASDAQ:NFLX) and its market expansion moves but according to the expert analyst, it is not the right time to buy-in.

I jsut made 84% in 4 daysI Just Made 84% in 4 Days By Blindly Following This Hedge Fund

I just made 84% in 4 days by blindly imitating a hedge fund’s stock pick. I will tell you how I pulled such a huge return in such a short time but let me first explain in this FREE REPORT why following hedge funds’ stock picks is one of the smartest things you can do as an investor. We launched our quarterly newsletter 2.5 years ago and not one subscriber has, since, said “I lost money by EXACTLY following your stock picks”. The reason is simple. You can beat index funds by creating a DREAM TEAM of hedge fund managers and investing in only their best ideas. I just made 84% in 4 days by blindly imitating one of these best ideas. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!