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Streaming has become a tough business. Is Netflix getting stronger or weaker right now?
Netflix (NFLX -1.56%) has been a dominant player in streaming for over a decade, but it now has more competition than ever. Is it gaining share? Are profits going to grow? Travis Hoium asks the important questions below before earnings are released next week.
*Stock prices used were end-of-day prices of April 12, 2023. The video was published on April 12, 2023.
Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Microsoft, Netflix, Walt Disney, and Warner Bros. Discovery. The Motley Fool recommends Comcast and recommends the following options: long January 2024 $145 calls on Walt Disney and short January 2024 $155 calls on Walt Disney. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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