3 Reasons I'm Buying Netflix Stock

When it comes to identifying stocks for potential investment, I focus primarily on qualitative factors. Before I even look at the valuation, the business needs to make sense to me, and it must have an advantage compared to peers. 

For me, Netflix (NASDAQ: NFLX) fits the criteria of a high-quality company. And the market thinks so, too, as the stock is up 64% this year at Tuesday's prices. 

I'm a firm believer that historical winners can continue their success longer than we think. Netflix is no different. Here are three reasons why I'll soon be buying shares of the streaming pioneer.

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Source Fool.com