The Worst Mistake Netflix Investors Can Make Right Now
Netflix (NASDAQ: NFLX) does not succeed or fail based on its competition. The company may lose some subscribers in the United States due to Walt Disney (NYSE: DIS) entering the streaming space, but it's going to be a minor blip that does not significantly affect the company's long-term growth strategy.
The arrival of Disney+ may hurt in the short term as some people who have tired of Netflix decide to drop their subscriptions. The reality is that, in most cases, they will be back when the streaming leader has new content. That makes it a major mistake for investors to panic over any subscriber drops (or slower-than-expected growth).
Netflix investors have nothing to worry about. Image source: Netflix.
Source Fool.com
