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Top streaming service stocks: Which ones to consider for your portfolio [Yahoo! Finance]
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Netflix and YouTube increasingly replace legacy media as the preferred method of video consumption. This shift may present opportunities for investors who can identify which streaming platforms can attract viewers and do so in a profitable way. Here's an overview of top streaming stocks and a look at the current streaming landscape. Top streaming stocks *Market value as of May 7, 2024. 1. Netflix (NFLX) Netflix has been a pioneer in the streaming industry, leading a transformation of how consumers are entertained through video. The company boasts about 270 million global subscribers and is one of the few streaming companies to earn meaningful profits. “Netflix is the leading streaming television platform globally and now enjoys the economic benefits of market-leading scale,” says Morningstar analyst Matthew Dolgin. “We expect this position will persist throughout the next decade.” Market value: $261 billion Annual revenue: $33.7 billion 2. Alphabet (GOOG and GOOGL)
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