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An Update on Netflix

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The stock is on the move after securing a deal with Disney.

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MINYANVILLE ORIGINAL Our firm issued a Strong Buy on Netflix (NASDAQ:NFLX) back on November 13 when the stock was at $79.61. Today the stock is rising 13% and 6% above our alert of a Strong Buy. The stock is on the move after securing a deal with Disney (NYSE:DIS). The deal will be a multi-year licensing agreement and it will make Netflix the exclusive US subscription TV service for first-run Disney films. If you went long this name based on our initial Strong Buy alert, we would remain long.


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No positions in stocks mentioned.
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