Better Buy: iQiyi vs. Netflix
We're streaming more video than ever, and that's a leisurely pursuit that is only going to get more popular through the next few years. iQiyi (NASDAQ: IQ) has the Chinese market on lock with 100.5 million largely paying subscribers on its rolls. Netflix (NASDAQ: NFLX) is the global leader with 151.6 million premium streaming memberships worldwide. Both platforms are growing their audiences at a heady clip. iQiyi's audience has ballooned 50% over the past year, with Netflix growing its rolls at a respectable 22% pace.
Despite being the leaders in a booming niche, iQiyi and Netflix aren't the hot stocks they were last summer. Although both stocks peaked in June of last year, shares of iQiyi and Netflix have gone on to plummet 65% and 38%, respectively. Each company has unique concerns right now, but both are compellingly priced given their leadership roles in a market that's only trending higher in usage. Let's see which of the two out-of-favor stream queens deserves to be royalty in your portfolio.
Image source: iQiyi.
Source Fool.com
