Sunday, December 26, 2010

Netflix (NASDAQ: NFLX) Killed the Video Store

Netflix (NASDAQ: NFLX) is poised to power higher this holiday season as the company is flooding the media networks with ads galore in a bold attempt to get the word out for its popular service. Netflix allows users to stream movies and TV shows directly to their television. The company is already partially responsible for the demise of Blockbuster (PINK: BLOAQ), which is trying to recover from bankruptcy. Netflix's $8 starting offer is making it the perfect gift for the holiday season. Investors will also be pleased to receive a gift in terms of subscriber and earnings growth.

Read the full Netflix report here.

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