Netflix's (NASDAQ: NFLX) stock price has only risen about 6% over the past 12 months as the S&P 500 advanced 26%. Those tepid returns made the streaming video giant the second-weakest member of the FAANG cohort, and it only barely beat Amazon's (NASDAQ: AMZN) anemic gain of 1%.
But as higher interest rates cause investors to rotate away from the market's higher-growth, unprofitable, and speculative tech stocks, could Netflix become a safe haven investment for a wobbly market? Let's take a fresh look at its business before it posts its next earnings report on Jan. 20.
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Source Fool.com