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Netflix, Inc. (NFLX): A Bull Case Theory

We came across a bullish thesis on Netflix, Inc. (NFLX) on Substack by Margin of Sanity. In this article, we will summarize the bulls’ thesis on NFLX. Netflix, Inc. (NFLX)'s share was trading at $1144.43 as of May 8th. NFLX’s trailing and forward P/E were 54.08 and 46.08 respectively according to Yahoo Finance.

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Netflix can be viewed as an expensive stock due to its high P/E ratios and modest free cash flow yield, presents an intriguing case for value investors when...