Prime time to trade Netflix

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If you’re already a Netflix (NFLX) subscriber you probably don’t need too much convincing about how good it is and will appreciate why analysts are predicting that its share price is set to rise even higher, despite the fact that it has already grown 59% this year as it teases the $200 per share mark.




You will notice from the chart that Netflix share price has a tendency to reach a peak as quarterly earnings figures are announced followed by a drop before picking up on its overall upward trend.



If you’re not a Netflix subscriber then you’re one of the reasons why these analysts expect its share price to keep on rising – they expect that you soon will be. Streaming is the present and the future.



It’s a service that meets the entertainment needs of our increasingly demanding lives and once you’ve subscribed it’s hard to live without.
Think of it as having unlimited access to one of those old video stores that you used to rent DVDs from. Only with Netflix you never need to leave your home to get your viewing entertainment and you watch what you want, when you want and as many times as you want.
Opt for the premium service and you can also view the content simultaneously from another screen, tablet or smartphone and enjoy your favourite show while other members of your family watch what they want.



And most important of all, Netflix offers some of the best shows and movies around in an app that’s very easy to use. So far, they’ve produced hits like “House of Cards”, “Orange is the New Black”, “Narcos”, “Peaky Blinders” and “The Killing”.



Last week Netflix announced a price rise which immediately boosted stock prices. And they are not worried about losing subscribers because it’s still value for money. By comparison, the monthly subscription for the premium service is about the same as it costs one person to go to the cinema.



Wall Street firm UBS has told its clients that Netflix will report a third-quarter subscriber growth, and this has been achieved without the addition of any compelling new content.

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