NXST vs. NFLX: Which Stock Is the Better Value Option?
For a number of years, I've been steering clear of Netflix (NASDAQ: NFLX) stock. My reasons for ignoring Netflix stock have little to do with how "expensive" the stock is. At 9.2 and 78 times trailing 12-month sales and earnings per share, respectively, the entertainment stock looks like a reasonable value given its growth using these two metrics alone -- and has for some time, in my opinion.
Netflix (NASDAQ: NFLX) revealed today that it would create new content based on the wildly popular Assassin's Creed video game. The company is teaming with games publisher Ubisoft (OTC: UBSF.Y) with an eye toward multiple projects. The series will be executive produced by Ubisoft Film & Television's Jason Altman and Danielle Kreinik.