In Interaction Services, Netflix (NASDAQ:NFLX) carries on to improve its extended-time period competitive situation with the industry’s biggest motivation of financial investment pounds in unique and unique material. Supplied its however-small world wide penetration and the accelerating change from linear Television, we consider that Netflix nonetheless has sizeable room for growth. The firm’s secular development profile looks even more powerful in the existing environment, associal-distancing and shelter-in-place directives are drawing renewed interest to the price, utility, and now, resilience,of video streaming business enterprise types.
From Spiros Segalas (Trades, Portfolio)’ Harbor Cash Appreciation Fund 2020 shareholder commentary.
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