Apr 22, 2020
3 min read
Netflix Will Be Trading Above $410 By The End Of May
Netflix added 15.7M users in Q1 of 2020, more than doubling its initial forecast of 7M, and almost doubling analyst consensus estimates of about 8.6M.
For a Netflix bull like myself, this feels like a vindication of the thesis that when you lock people inside their homes without professional sports of movie theaters, they start streaming stuff in excess.
