Netflix Labeled 'Top Pick' Among Media Stocks. Here's Why.

Netflix Labeled 'Top Pick' Among Media Stocks. Here's Why..

• UBS on Tuesday named Netflix (NFLX) its "top pick" among media stocks
• "We believe the wider direct-to-consumer environment will continue to shift in Netflix's favor with peers rationalizing spend and raising price while industry consolidation would only accelerate these trends," the investment bank said in a client note
• UBS analyst John Hodulik rates Netflix stock as buy with a price…