Will Netflix Hit $300 Billion in Market Cap in 2022?
Netflix (NASDAQ: NFLX) stock trailed the market through most of 2021, but shareholders might have a brighter year ahead. Sure, the subscription streaming video leader isn't growing as quickly as it was during the early phases of the pandemic, or even before COVID-19 placed new premiums on at-home entertainment. But the business is still outpacing industry peers even as it shows off its new profitability strengths.
With that big picture in mind, let's look at the likely prospect that the stock returns to its all-time high market capitalization of $300 billion in the year ahead.
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Source Fool.com
