Stock in Netflix has been flirting with an all-time highs this week.
Investors are bullish about the company’s prospects overseas; Netflix plans to expand into European markets in September.
“International expansion has been a core part of Netflix strategy,” says Andy Liu, director at Standard & Poor.
But others believe the stock is overvalued.
Michael Pachter is a research analyst at Wedbush Securities. He anticipates that expanding into new international markets will be expensive.
“Each country requires separate technology spending. Each country requires a separate content deal,” says Pachter.
“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VABEFORE YOU GO