What The FAANG? - Has Netflix's subscriber base reached its limit?
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In the first of a new series called ‘what the FAANG’ we’re looking at Netflix, which has been pretty resilient through the Covid-19 pandemic, with a 14 million bump to its subscriber base, and a 25% boost to Q2 sales.
Gordon Mackay manages Janus Henderson’s Global Equity fund which has Netflix as one of its top 10 holdings. He spoke about whether subscriber growth is sustainable over the long-term.
Gordon Mackay manages Janus Henderson’s Global Equity fund which has Netflix as one of its top 10 holdings. He spoke about whether subscriber growth is sustainable over the long-term.