Wednesday is just another day at the office for Netflix, Inc. (NASDAQ: NFLX). The stock was up more than 2 percent ($124.23) at time of writing after earlier touching an all-time high. Analysts keep fawning over the stock.
Earlier Wednesday, BTIG Research's Rich Greenfield said “the absolute right move is to buy Netflix” calling the company “the future of television.”
Guggenheim analyst Michael Morris initiated a coverage on the stock this week with a Buy rating and a $160 price target.
Ongoing ebullience surrounding Netflix, which now has a market cap of nearly $53 billion, should prove to be good news for several exchange traded funds, but two really standout as legitimate Netflix plays.
Tech ETF
Start with the SPDR Morgan Stanley Technology ETF (NYSE: MTK). The $434.3 million MTK is one ...
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