1 Incredible Stock That Turned $10,000 Into $4.6 Million
The stock market is the best tool available to most people when it comes to building lasting wealth. In the past two decades, the S 500 returned 546%, including dividends. That gain is hard to dismiss.
Unsurprisingly, some individual businesses have fared much better. Take (NASDAQ: NFLX). The streaming stock might be one of the best-performing in recent times. It has skyrocketed 46,000% since its initial public offering in 2002, turning a $10,000 initial investment into $4.6 million today.
Let's look at Netflix's rise over the past couple decades before figuring out if the stock makes for a smart buying opportunity today.
Source Fool.com
Netflix Inc. Stock
Currently there is a rather positive sentiment for Netflix Inc. with 91 Buy predictions and 10 Sell predictions.
As a result the target price of 650 € shows a slightly positive potential of 2.04% compared to the current price of 637.0 € for Netflix Inc..