In Conversation Solutions, Netflix (NASDAQ:NFLX) carries on to enhance its long-expression competitive situation with the industry’s greatest determination of expenditure bucks in special and first material. Specified its nonetheless-lower global penetration and the accelerating change from linear Television, we think that Netflix even now has sizeable space for development. The firm’s secular progress profile seems to be even more powerful in the latest ecosystem, associal-distancing and shelter-in-position directives are drawing renewed notice to the benefit, utility, and now, resilience,of movie streaming business versions.
From Spiros Segalas (Trades, Portfolio)’ Harbor Money Appreciation Fund 2020 shareholder commentary.
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