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Nasdaq Bear Market: Is This Streaming Stock a Surefire Buy in 2023?

TheMotleyFool

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Nasdaq Bear Market: Is This Streaming Stock a Surefire Buy in 2023?: https://g.foolcdn.com/editorial/images/717913/right-hand-remote-pointed-at-tv.jpg

Last year was a horrid one for the tech-heavy Nasdaq Composite Index. Its value plunged 33% during the 12-month stretch. But one bad year shouldn't stop investors from putting money to work in the markets. In fact, there could be some great buying opportunities right now if you're willing to remain optimistic.

One such business to consider is Netflix (NASDAQ: NFLX). The top streaming service stock has been up 60% over the past six months. And after posting a strong quarter to end 2022, the narrative might have changed from negative to positive for this innovator.

Here's why Netflix might be a surefire buy for your portfolio in 2023.

Source Fool.com

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