What Makes Netflix A Profitable Stock To Invest In

178 Words1 Pages
Ryan, I agree that Netflix is a profitable stock to invest in since there is a lack of options to rent videos and cable television fees have escalated to outrageous prices. In fact, cable fees are around one hundred dollars a month depending on the number of add-ons in the cable package, whereas Netflix has streaming videos for $9.99 a month (Saporita, Franzino, London, & Eayns, 2017). Furthermore, the savings between the cost of cable and Netflix are around one thousand dollars, making Netflix ideal for individuals to wisely budget their money. In 2015, Netflix invested $7.5 million in programming (Netflix, 2016). Also, from 2013 to 2015 Netflix increased their annual expenditure of programming to $4.91 billion from $2.38 billion (Netflix,

More about What Makes Netflix A Profitable Stock To Invest In