NFLX - 1 Magnificent Growth Stock Down 12% to Buy and Hold for 5 Years
2024-05-18 10:37:00 ET
It is possible to generate big returns over short time periods on the stock market. There are always a few magnificent winners out there, especially after the type of rally that investors have seen over the past 18 months. Several growth stocks have more than doubled since early 2023, after all.
Yet many more have declined sharply or been left completely out of the rally, which illustrates why smart investors tend to focus on holding periods measured in years rather than months. Patience can pay huge dividends in investing.
With that prospect in mind, let's look at one stock that's primed for significant gains over the next several years. Read on for some killer reasons to be bullish on Netflix (NASDAQ: NFLX)
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1 Magnificent Growth Stock Down 12% to Buy and Hold for 5 Years