Will Netflix Stock Crash in 2021?

The clock is ticking on 2020, and Netflix (NASDAQ: NFLX) investors can't complain. Shares of the leading premium streaming service provider have risen 49% through Tuesday's close, fueled by another year of healthy growth and a platform that has made the most of the new normal by entertaining a growing number of folks who are spending more time at home than usual.

Next year might not be as kind. Rivals are starting to heat up, and a recent price hike may make Netflix more expendable. The emergence of viable vaccines and treatments for COVID-19 may find us hungry for a return to entertainment outside of the home. We also can't dismiss the reality that Netflix stock isn't cheap by most conventional measuring sticks. This year has been great for shareholders. We may not be saying the same thing about 2021.

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Source Fool.com