Key Highlights
- Investors appear uneasy about its plans to buy Warner Bros.
- 10 stocks we like better than Netflix › With shares up by only 3.7% over the last 12 months, Netflix (NASDAQ: NFLX) stock has deeply underperformed the tech-heavy Nasdaq Composite, which has risen by almost 18% over that time frame.
- This disparity is probably because the streaming giant is less exposed to the generative artificial intelligence (AI) megatrend, which has boosted the growth and valuations of other big tech companies.
- Investors are also nervous about its plan to acquire Warner Bros.
- Discovery, which (if the deal gets to the finish line) could weaken its balance sheet.
