Keeping It Simple

[eastunder]

Another company in the opportunistic category is Netflix, Inc. (NASDAQ:NFLX)

-Benzinga

which remains the global leader in streaming. Subscriber growth has been steady and substantial from about 220 million five years ago to roughly 325 million today. 

The stock has been under pressure amid concerns about strategic expansion in buying Warner Bros, and the potential cost of acquiring premium film and television assets. Large media deals have a mixed history, so it's understandable that investors are cautious.
Netflix has consistently shown an ability to adapt. The company has reinvented itself multiple times. Management has navigated industry disruption since the company's founding in 1997. 

The current uncertainty creates an opportunity to own a category-defining platform with global scale, strong execution, and strategic optionality at a more reasonable valuation than we've seen in recent years.