We joined Yahoo Finance’s On the Move on Tuesday, January 21 to provide insights into Netflix’s competitive position, valuation, and the state of the streaming wars.
With the initial success of Disney+, details about AT&T’s (T) new streaming service, and Comcast (CMCSA) announcing its “Peacock” service with a free tier, concerns about Netflix’s competitive position abound.
However, the stock is up 34% since its September 2019 low. Could this disconnect lead to a significant fall in its already overvalued share price when the company reports earnings?
This article originally published on January 21, 2020.
Disclosure: David Trainer and Kyle Guske II receive no compensation to write about any specific stock, sector, style, or theme.