Here's My Top Growth Stock to Buy Now
Streaming pioneer (NASDAQ: NFLX) is a media giant and no stranger to investors. The growth stock has obliterated the broader stock market over its lifetime, returning more than 39,000% since its 2002 initial public offering.
It may no longer be the newest or flashiest name on Wall Street, but there is still lots of juice for investors to squeeze. Here are three reasons Netflix should be on your radar right now.
Sharing passwords has become standard practice in the streaming era. Who hasn't borrowed a password from a friend or family member? This is a practice that Netflix largely turned a blind eye to for years because subscriber growth was still hot. But growth slowed as paying subscriptions crossed 200 million, so Netflix began blocking password sharing earlier this year.
Source Fool.com
Netflix Inc. Stock
Our community is currently high on Netflix Inc. with 81 Buy predictions and 8 Sell predictions.
With a target price of 609 € there is a slightly positive potential of 4.33% for Netflix Inc. compared to the current price of 583.7 €.
