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.

Citigroup Inc (C) Believes Netflix, Inc. (NFLX) Is On Its Way To Rack Up Some Serious Profit

Shares of Netflix, Inc. (NASDAQ:NFLX) sky-rocketed after Citigroup Inc (NYSE:C) gave the company’s stock an upgrade to ‘Buy’ from ‘Neutral’ and raised its price target to $525 from $409. Citigroup Inc believes that with all the quality content lined-up for this fiscal year that Netflix, Inc. is on its way to racking up some serious profit. That news alone has thrown a lot of weight behind Netflix, Inc. which has investors all of a sudden running to get a piece of action. CNBC‘s Guy Adami threw light on this sharp upward trend in the company’s shares.

Netflix, Inc. (NASDAQ:NFLX)

“It has obviously bounced. Now, I believe that $440 is your pivot and obviously it exploded through that today. How do you trade it? I think it’s ready for the next higher,” Adami said.

Citigroup Inc (NYSE:C) believes the stock pullback that occurred throughout March allows for a logical buying opportunity in Netflix, Inc. (NASDAQ:NFLX). The question is whether Citigroup Inc has gifted Netflix, Inc. with this burst, or does Netflix, Inc. truly promise a profitable future? With growing competition in the live streaming space, some investors doubt the company’s future and have fled its stock, but Netflix, Inc. did not lose its focus from acquiring top quality premium content for its subscribers. It proves that the video streaming company is doing everything possible to stay ahead of the competition.

Time has changed and one must not fail to notice that consumers are viewing things in a completely different manner. Compare it with how things were before Netflix, Inc. arrived. The company has a lot of things that are to its advantage and one such thing is how it has managed to build a strong position in the media landscape overall.

Can Netflix, Inc. really meet the price target that Citigroup Inc (NYSE:C) says it can? Content is king and this is what Netflix, Inc. has proven. There is no lack of classic shows and movies for its subscribers, but what has really won them their huge membership is the quality of their own content. With a series of extremely exciting premium video content lined up during 2015, the company is looking at a very profitable financial year. Positive reviews given to its new content have already started pulling in more new subscribers. That gives Netflix, Inc. more than a good opportunity to push for a price increase, which is ultimately going to contribute to its revenue growth.

I just 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!