US Internet Intro Call: Focus Call on NFLX

Date and Time
January 13, 2023

10:00am ET-
Why: We rate NFLX at Neutral as the advertising strategy is still early. We like the long-term opportunity advertising offers but prefer stocks with greater exposure today. We think NFLX growing FCF profitability is a distinct advantage, and we look for FCF to become a bigger driver of the stock.