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Buy Netflix Stock, Hold Off on Boeing

Por: MarketWatch Business January 27, 2024

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There were several key positives—much stronger than expected fourth-quarter subscription additions (13 million, the second highest ever for Netflix, after the March 2020 Covid quarter); a record-high fourth-quarter 17% operating margin; and free cash flow that came in materially higher than expected. The first-quarter subscription outlook commentary was very vague, but the outlook for accelerating revenue growth wasn’t—13% in the fourth... + full article



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