Is Netflix recession resistant? JPMorgan thinks so

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Is Netflix recession resistant? JPMorgan thinks so
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Netflix provides 'compelling value' even in an economic slowdown scenario, says Netflix.

Netflix is one of the few bright spots among media names in the case of an economic slowdown, according to JPMorgan. Unlike most media names, which are sensitive to a weakening consumer backdrop and higher capital expenditures — making them vulnerable in a recessionary scenario — Netflix is comparatively less exposed to these factors, said analyst Doug Anmuth.

Here are Tuesday's biggest analyst calls: Netflix, Amazon, Lyft, CrowdStrike, Dell, Disney, Hormel, Eli Lilly, Home Depot & more

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