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Is It Too Late to Buy Netflix Stock?

TheMotleyFool

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Netflix (NASDAQ: NFLX) stock has delivered extraordinary returns for shareholders over the past three, five, and 10 years. Those gains have been fueled by growth in its subscribers, revenue, and profits.

The entertainment titan is benefiting from a worldwide shift in consumer preference toward streaming content and away from cable TV. With such incredible shareholder returns already in the rearview mirror, potential investors could reasonably ask if it's too late to buy Netflix stock. Let's see.

Netflix is trading at its lowest price-to-earnings ratio in years. Image source: Getty Images.

Source Fool.com

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