FAANGS are dead stocks, they are going into a dull phase, especially Netflix...
With Inflation staying high for the next 3 years meaning now QE, no rate cut, no easing of conditions we can see Netflix going sideways.
It's still in a secular bull market because of the way we consume media means we can never go back to cable TV! Everything has to be on-demand we all grew up with Netflix, and nothing has surpassed that experience.
Wont see new highs for maybe 3-5 years....
With Inflation staying high for the next 3 years meaning now QE, no rate cut, no easing of conditions we can see Netflix going sideways.
It's still in a secular bull market because of the way we consume media means we can never go back to cable TV! Everything has to be on-demand we all grew up with Netflix, and nothing has surpassed that experience.
Wont see new highs for maybe 3-5 years....