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Netflix, Amazon: Which Stock Does Bob Peck Likes

Netflix, Inc. (NASDAQ:NFLX) and Amazon.com, Inc. (NASDAQ:AMZN), which reported impressive second-quarter numbers, are among the best performing stocks on the Nasdaq in July. On Monday, SunTrust Robinson Humphrey analyst Robert "Bob" Peck was on CNBC to discuss the outlook for the stocks.

amazon netflix

Few risks for Netflix going forward

Netflix continues to grow its robust base along with raising pricing as well, the analyst said. On the other hand, Amazon is expanding its core profitably along with growing its cloud service. “So, both have had strong fundamentals justifying their movements,” said Peck.

On the challenges that the companies will be facing going forward, Peck notes for Netflix, the cost of acquiring customers has been rising sharply, which poses a risk for the streaming firm. In addition...


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