On Tuesday's MarketFoolery, host Chris Hill, Motley Fool Rule Breakers analyst Simon Erickson, and Fool.com analyst Mark Reeth push the play button on Netflix's (NASDAQ:NFLX) latest quarterly results and discuss how wrong they think Wall Street is today.
With 50 million subscribers, Netflix saw revenues rise 25%, yet the stock dipped slightly today. Chris thinks the company is a victim of its own success, saying analysts wouldn't have been happy without perfect results. Simon thinks the market's reaction is wrong about these results, as Netlfix is surpassing its expectations and working hard at expanding internationally. Already in 40 countries, Netlfix will be moving into more, and Simon sees these international sectors as money machines after they mature. With the stock up 70% in the past year, Mark sees any investors who are selling as being short-sighted. In looking at the media landscape, it makes sense to Mark for the company to look into international markets, as it's becoming harder for Netflix to expand in the United States.