After Disney announced taking out its content from Netflix's library, I checked out its movies and I was surprised there weren't that many anymore. To be fair, I cancelled my subscription 4 years ago but the most popular content on the service are its original works. I also looked at its enormous debt and while revenue has gone up, its profit margin is starting to suffer. How long can they sustain the enormous costs? They also announced a budget of $7 billion for 2018, it's going to be tough to make enough profit to make up for it. I've also read about how international subscribers have had price increases in recent years. How long until US customers are going to be charged more? I think that Netflix is no longer a viable stock after 2018.
Recent week has shown that consumers have placed too much faith into Nvidia because of the cryptocurrency gold rush. Now that AMD has launched its new product lines, will Nvidia begin to see competition ramp up in the GPU department? I was very big on NVDA for the past year but now I am becoming concerned because I believe there is a huge discrepancy between market price and true value.
Please let me know your thoughts, I am considering dropping shares for both companies and invest in other companies such as Square and Activision.
Submitted August 16, 2017 at 06:56PM by the_conformist http://ift.tt/2uQB3LT
