3 Reasons to Buy Netflix, and 1 Reason To Sell
Netflix (NASDAQ: NFLX) recently posted its third-quarter earnings. The streaming media platform's revenue rose 16% year over year to $7.48 billion, matching analysts' estimates, as its earnings per share (EPS) jumped 83% to $3.19 and beat estimates by $0.63.
Netflix's growth rates looked solid, but they barely moved its stock price. Should investors buy the stock now as other investors shrug? Let's examine three reasons to buy Netflix -- as well as one reason to sell it -- to decide.
Image source: Netflix.
Source Fool.com
