$NFLX · Parkev Tatevosian, CFA · 2026-11-06
Netflix 是最值得买入的股票之一，也是我重仓持有的标的；YouTube 的订阅用户数不到 Netflix 的一半，但在观看时长上占据主导，且增长更快。我很期待看到 Netflix 是否推出完全免费的广告支持版本，这有望提升用户参与度。
逐段跳播
这个数字居然这么低，让我感到意外，因为根据最新数据，Netflix 拥有超过3亿订阅用户。因此，看到 YouTube 的订阅用户数不到 Netflix 的一半，我感到很意外。
I found it surprising that this number is actually so low, because Netflix has more than 300 million subscribers according to the latest update. Therefore, I am surprised to see that YouTube has less than half the number of subscribers as Netflix.
不过，当我们以观看时长来衡量和观察数据时，YouTube 相比 Netflix 占据主导地位，而且在观众参与度方面比 Netflix 增长得快得多。
Although YouTube, when we measure and look at the data in terms of watch time, dominates compared to Netflix and grows much faster than Netflix in terms of viewer engagement.
如你所知，由于 Netflix 在我的投资组合中占很大一部分，我把它列为你可以买入的最佳股票之一。我认为 Netflix 正在密切关注这一情况，并考虑是否应该推出一个完全免费的版本，以广告作为其应用免费版的变现引擎。
As you know, since Netflix represents a large part of my investment portfolio, I rank it as one of the best stocks you can buy. I think Netflix is watching the situation closely and considering whether it should offer a completely free version that relies on ads as the monetization engine for that free version of its app.
目前，他们有一个广告支持版本，但你仍然需要按月付费，因为除了每月的订阅费之外，它还包含广告。但我很期待看到 Netflix 是否会考虑推出一个完全免费、由广告支持的版本。这实际上可能会提升 Netflix 平台上的参与度。
Currently, they have an ad-supported version, but you still have to pay monthly, as it contains ads in addition to a monthly subscription fee. But I'm eager to see if Netflix will consider offering a completely free, ad-supported version.
This could actually boost engagement on the Netflix platform .
这个频道对 $NFLX 的历次判断
Parkev Tatevosian, CFA 在这只股票上共 12 条判断，这里只列相邻的几条。