Netflix: The Sell-Off Is Overdone And A Rebound Is Likely After Q4 Earnings (Rating Upgrade)
Netflix, Inc. ( NFLX:CA ) ( NFLX ) is down 20% since my last Hold rating two months ago. It was initially triggered by a double-missed 3Q earnings result. Although the company's fundamentals were still holding up (theAnalyst’s Disclosure:I/we have a beneficial long position in the shares of NFLX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no busines ...