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Savings Experiment: Snow Removal
What do you do when it's too cold to venture outside? You stay in and watch movies, and these days, most people get their movies from Netflix (NFLX).
The DVD rental pioneers were darlings of Wall Street last year, with the stock nearly doubling in 2009. But fears of an inability to meet growth expectations going forward, along with several downgrades of the stock in recent weeks, have knocked NFLX shares well off their highs.
But I suspect this pullback in the stock could actually represent a good buying opportunity in the shares, as Netflix will undoubtedly remain the game-over dominator in the DVD rental space for quite some time.
Next: Stock #3: VF Corp. (VFC)
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