This has been a good year to own (NASDAQ: NFLX). Shares of the world's leading premium streaming service are up 62% in 2023, handily beating the market as well as most of its smaller rivals. It wouldn't be a surprise to see Netflix stock take a breather in 2024 after a hot year, but there's a good case to be made for the upticks to continue.

Let's take a closer look at some of the things that set Netflix apart. They also happen to be reasons why Netflix isn't facing the same kind of challenges that many consumer-facing companies will have to tackle in 2024.

The Black Friday holiday weekend was a pretty crazy time to be a collector of cheap streaming service subscriptions. Let's go over some of the now largely concluded promotions that rival services were offering to woo deal-seeking viewers.

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Source Fool.com