Buy This Undervalued Stock Before Everyone Else Does
The stock market sell-off of 2022 has created some real opportunities to find undervalued stocks. Down by 70% off its high, Netflix (NASDAQ: NFLX) stock is relatively cheap by historical standards. The streaming pioneer thrived at the pandemic's onset, but it is now grappling with the reversal of stay-at-home trends as well as other factors.
In its last earnings report, Netflix said it experienced subscriber losses for the first time in 10 years. but there was a lot more in that report and there is a lot more to Netflix as a company which strongly suggests that the market overreacted to the news.
Let's take a look at why investors should buy this undervalued stock now before everyone else does.
Source Fool.com
