Netflix (NFLX) Unveils New Partnership, Is It Still Below Fair Value?

Netflix (NFLX) is back in the spotlight after unveiling “The Gentlemen’s Serve,” a multi-country partnership with Stella Artois tied to the second season of Guy Ritchie’s series The Gentlemen. Netflix’s latest brand tie up lands as the stock trades at US$80.81, with a 30 day share price return of 12.69% but a year to date share price decline of 11.19%, while the 1 year total shareholder return is down 33.44% despite an 80.11% gain over three years. This suggests that long term momentum...