Is Netflix Stock a Buy Now?
Netflix (NASDAQ: NFLX) shares are having a tough winter this year. The stock is trading 44% below the all-time highs of late October 2021, including a 34% drop in the first two months of 2022. In particular, many Netflix investors flinched when the company reported so-so results for the holiday quarter with projections of a subscriber slowdown in the next reporting period.
Did Netflix deserve the stalled stock charts of recent months or is the media-streaming veteran a no-brainer buy today? Let's find out.
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Source Fool.com