Look at companies highly exposed to a drop in public gatherings combined with high debt load. $AMC comes to mind.
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Isn’t Netflix in massive debt and facing increasing competition? Plus, some of that competition is going to move content they once allowed on Netflix to their own service.
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To be fair, most of these up and coming companies are in debt for years until they break even. Pretty sure Amazon has only just made a profit.
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Too traditionally overvalued for during a market correction, imho. SNE has been taking a bath, and may sell even more PS4 Pros for the FF7 Remake than I was expecting though. I like the tech/game idea, but NVDA is too overpriced. Just my take
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