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Netflix remains one to avoid buying, even on dips, because its growth is shifting to less profitable markets. It has nearly saturated the US and many other developed countries, which are far more profitable; future sales and profit growth must come from developing markets with substantially less revenue and income per subscriber. Its original programming has been unspectacular for a year or more, and existing content has suffered. At current levels, though, it is no longer an attractive short. x.comÂ
