Best Buys: Disney Vs. Netflix
Best Buys: Disney Vs. Netflix
Both Streaming Giants Have Been Hit Hard By The Current Pandemic.
In today's video it's worth looking at the basics and breaking news for Disney
DIS (NYSE) $172,80 0,00 (%0,00) and Netflix
NFLX (NASDAQ) $530,76 0,00 (%0,00) and watching the movements to make a choice and decide which is the better buy right now.
Both are giant media companies affected by the epidemic. Let's examine these two companies separately below for the purchase decision to be made.
Netflix has grown at an increasing rate over the past four quarters, with revenue growth of over 20% year-over-year (YOY) each quarter.
Looking at the past 12 months, Netflix has achieved positive cash flow from operations thanks to subscriber growth and reduced production costs.
Both Streaming Giants Have Been Hit Hard By The Current Pandemic.
As for Disney, it has shown a drop in revenue, with a YOY drop every quarter for the past 12 months.
Disney continued to maintain positive cash flow from operations, despite seeing a significant drop in revenue.
Conclusion
As the world's economies continue to reopen post-pandemic, Netflix predicted slower subscriber growth for the quarter ending June 30, 2021.
In this opening period, investors are expecting growth from Disney as consumers begin to flock to amusement parks and movie theaters.
Both Streaming Giants Have Been Hit Hard By The Current Pandemic.
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