Netflix just post a very strong quarter and I believe the stock will continue to rise back up to $40 by year end. Not only is Walmart no longer a competition of Netflix, it has become a friend and helping NFLX to market its services. There are still worry about Amazon and video on demand. But, I believe Amazon will not enter a market where Walmart has given up and I think video on demand is still a few years away from being a real competition. So, buy it now and profit.

This entry was posted on Monday, August 1st, 2005 at 5:45 pm and is filed under Stock. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.