With the PE ratio of 642? What is everyone thinking? Talking about bubble!
p.s. I do not own any.
If NFLX can keep earning 50 cents a quarter, it's $2/year. So at current level (after hour), PE is about 120.
fast money was saying this will trade like Google....thud ! NOT!
I do believe it might be able to run up tomorrow, consider Icahn is still in.
Investors should just stick with GOOG, APPL, LVS ... where the fundamentals are solid and PE are extremely low.
Zillow (Z) has a P/E ratio of almost 3900.