Image credit: IGN Southeast Asia
Once upon a time, Netflix was the place to go for all your binge watching needs. Need a laugh? You could rewatch Friends for the hundredth time. Want a hit of nostalgia? Stranger Things is stuffed with ‘80s pop culture references.
But today, Netflix is no longer the only streaming service in town. Competition is heating up with Disney+, HBO GO, Amazon Prime, and Apple TV+ all fighting for your time – and your subscription dollars.
Still, Netflix and Disney+ currently dominate the streaming landscape. Which is the better stock for investors? Should you buy Netflix? Or is Disney the smarter play?
Let’s take a look.
Performance comparison: Disney vs Netflix
Data as of 10 August 2022 following market close
In the year-to-date, Disney stock has fallen nearly 30% while Netflix is down almost twice that amid the tech sell-off.
However, both stocks have rallied over the past month on the back of their respective better-than-expected...