3 Reasons to Buy Netflix Stock Right Now
Netflix (NASDAQ: NFLX) is experiencing a surge in demand as the novel coronavirus pandemic continues and people around the world stay home more often.
The outbreak is causing more changes at Netflix than just a surge in demand. Indeed, it helped accelerate member acquisition in the first quarter, when it added 15.8 million new subscribers. But Netflix also had to contend with a significant portion of its 182 million users streaming content simultaneously. The company's reliability during a time of extreme usage certainly increased an already high level of customer loyalty. Let's take a look at three reasons why now is the time to buy Netflix stock.
Image source: Netflix.
Source Fool.com
