$NFLX – $100bn market cap now – can it go higher?

Back in 2015, posted that $NFLX could reach a $100bn if you look a the total addressable market the company could tap with its great streaming service and content.

http://www.2centview.com/2015/05/16/nflx-surges-to-new-record-should-you-buy-it-here-the-tam-will-tell/

The post mentioned it could get to 320 million subs and be worth $100bn – well it has reached $100bn with only 120 million subs! So $100bn estimate vs. 320 million subs could be too low … $NFLX could easily reach $150bn market cap, and perhaps even $200billion over the next 2 years.

If you are long stick with $NFLX – traditional valuation methods do not work with companies like $NFLX and $AMZN as they need to invest heavily to grow into something serious – companies which keep wall street happy by declaring great earnings per share in the early stages, will never become great, so always have a different perspective when looking at companies which have the potential to dominate the world.

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