The following video is from Thursday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser and Andy Cross, discuss the top business and investing stories.
Shares of Netflix (NASDAQ: NFLX ) exploded today on news that it dramatically beat analysts' expectations in its earnings and subscriber growth. In this segment, the guys discuss some of the strong moves that CEO Reed Hastings is making, they talk about some of the big content acquisition deals the company has made recently, and they go over the company's shift further toward the more profitable area of streaming, as opposed to its DVD-based business.
Netflix has performed explosively recently, but it was only a short while ago that the company was really struggling. The precipitous drop in Netflix shares since the summer of 2011 had caused many shareholders to lose hope. While the company's first-mover status is often viewed as a competitive advantage, the opportunities in streaming media have brought some new, deep-pocketed rivals looking for their piece of a growing pie. Can Netflix fend off this burgeoning competition, and will its international growth aspirations really pay off? These are must-know issues for investors, which is why we've released a brand-new premium report on Netflix. Inside, you'll learn about the key opportunities and risks facing the company, as well as reasons to buy or sell the stock. We're also offering a full year of updates as key news hits, so make sure to click here and claim a copy today.