Forget Netflix, iQiyi Is a Better Streaming Video Stock

Netflix and IQIYI aren’t cheap on an earnings basis. Netflix is trading for 64 times next year’s projected earnings despite the stock’s retreat. iQiyi still isn’t profitable, so Netflix wins that round by default. However, in terms of top-line results, we find iQiyi fetching a revenue multiple just north of four — less than half of Netflix’s market markup. – Rick Munarriz, The Motley Fool https://ift.tt/2S0SUdW