In Interaction Services, Netflix (NASDAQ:NFLX) carries on to greatly enhance its lengthy-term competitive position with the industry’s biggest commitment of expenditure pounds in distinctive and primary information. Supplied its continue to-minimal world-wide penetration and the accelerating change from linear Television set, we think that Netflix nevertheless has considerable place for advancement. The firm’s secular development profile seems to be even more powerful in the current atmosphere, associal-distancing and shelter-in-spot directives are drawing renewed focus to the price, utility, and now, resilience,of video streaming business enterprise types.
From Spiros Segalas (Trades, Portfolio)’ Harbor Cash Appreciation Fund 2020 shareholder commentary.
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