Analyst Says No Need to Sell Netflix (NFLX) Stock On Elon Musk’s Campaign

Core Viewpoint - Netflix Inc (NASDAQ:NFLX) is experiencing stock performance challenges post-earnings, but external pressures, such as Elon Musk's call for subscription cancellations, may not significantly impact its overall subscriber base [1][2][3]. Group 1: Stock Performance and Market Reactions - Netflix's stock has not performed well since its earnings report, raising concerns about its valuation for the first time in years [3]. - Guy Adami from CNBC suggests that the potential impact of subscription cancellations due to Musk's comments may be mitigated by new sign-ups from those countering the cancellations [2][3]. - The Macquarie Core Equity Fund anticipates continued growth momentum for Netflix, with slower growth in content investment leading to higher margins over the next two to three years [4]. Group 2: Competitive Landscape and Investment Sentiment - While Netflix is recognized as a potential investment, there is a belief that certain AI stocks may offer better returns with lower risk [5]. - The article hints at a broader trend where investors are exploring AI stocks as alternatives to traditional media stocks like Netflix [5].