NFLX - 3 Reasons to Buy This Unstoppable Growth Stock and 1 Reason to Sell
2024-05-12 13:17:00 ET
It's been a volatile ride for Netflix (NASDAQ: NFLX) investors. But shares continue to be a big winner. They're up 25% just this year, and they are up 1,230% in the past decade, a monster gain that beats the Nasdaq Composite Index .
If you've got your eye on Netflix, you've come to the right place. Here are three-must know reasons to buy this unstoppable growth stock . Investors should also understand that there's one simple reason to sell shares.
As of March 31, Netflix had 270 million subscribers, with a presence in more than 190 countries. And it generated $35 billion in sales in the past 12 months. To be clear, no pure-play streaming service has this kind of reach.
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3 Reasons to Buy This Unstoppable Growth Stock, and 1 Reason to Sell