The following video is from Tuesday's edition of Market Foolery, in which host Chris Hill and Motley Fool analysts Tim Hanson and Jim Gillies give their Foolish take on the biggest investing stories of the day.
Netflix (NASDAQ: NFLX ) packed on an additional 1.3 million subscribers this quarter, and the stock has hit a new all-time high. However, CEO Reed Hastings said in the conference call that the stock could be compared to when it was particularly frothy back in 2003. In the lead story on today's Market Foolery, Tim and Jim give their view of Netflix today as a stock, and what the future looks like for the company.
The future of TV
Americans reportedly spend nearly 34 hours a week watching television! With TV viewing taking up almost as much time as the average work week, the potential for profits in the space is enormous. The Motley Fool's top experts have created a new free report titled "Will Netflix Own the Future of Television?" The report not only outlines where the future of television is heading but also offers top ideas for how to profit. To get your free report, just click here!