Ensemble Capital’s Opinion on Netflix (NFLX) Stock

Ensemble Capital, an independently-owned investment firm, recently published its first-quarter Ensemble Fund commentary – a copy of which can be downloaded here. During the first quarter of 2020, the Ensemble Fund returned -18.6%, while the benchmark S&P 500 was down 19.6%.

In the said letter, Ensemble Capital highlighted a few stocks and Netflix Inc (NASDAQ:NFLX) is one of them. Netflix is a media-services provider and production company based in California. Year-to-date, NFLX stock...