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Why Netflix Stock Is Crushing the Competition

Netflix keeps beating the competition in streaming and there's a simple explanation as to why.

By Travis Hoium – Oct 21, 2024 at 9:01AM EST

Netflix (NFLX 0.29%) reported yet another great quarter last week, continuing to add subscribers and improve the bottom line. How does Netflix stay ahead with so many streaming competitors? In this video, Travis Hoium explains why Netflix is still winning in streaming.

*Stock prices used were end-of-day prices of Oct. 17, 2024. The video was published on Oct. 19, 2024.

Read Next

About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
TMFFlushDraw
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Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Netflix and Walt Disney. The Motley Fool recommends Comcast. 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.

Stocks Mentioned

Comcast Stock Quote
Comcast
NASDAQ: CMCSA
$27.74
(+0.64%)+$0.18
Netflix Stock Quote
Netflix
NASDAQ: NFLX
$92.17
(-0.29%)-$0.27
Walt Disney Stock Quote
Walt Disney
NYSE: DIS
$103.10
(+0.49%)+$0.50

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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