3 Reasons to Buy Netflix Stock Right Now
It seemed like Netflix (NASDAQ: NFLX) could do no wrong in 2020. The streaming giant was a fan favorite last year, with its stock price climbing 67%, obliterating the 16% gains of the S&P 500. Netflix was the home entertainer of choice as consumers sheltered in place to ride out the pandemic.
Investors can be a fickle bunch, however, and Netflix shares have floundered this year, gaining just 8%, roughly half the 16% gains achieved by the broader market. With the reopening in full swing, some investors have labeled the streaming giant a "pandemic play," casting their gaze on shinier things. That could be a big mistake, as mounting evidence suggests Netflix stock could be due for a rebound.
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Source Fool.com
