NFLX - 3 Reasons Why Netflix Stock Can Keep Winning in 2024

2023-11-30 11:55:00 ET

This has been a good year to own Netflix (NASDAQ: NFLX) . Shares of the world's leading premium streaming service are up 62% in 2023, handily beating the market as well as most of its smaller rivals. It wouldn't be a surprise to see Netflix stock take a breather in 2024 after a hot year, but there's a good case to be made for the upticks to continue.

Let's take a closer look at some of the things that set Netflix apart. They also happen to be reasons why Netflix isn't facing the same kind of challenges that many consumer-facing companies will have to tackle in 2024.

The Black Friday holiday weekend was a pretty crazy time to be a collector of cheap streaming service subscriptions. Let's go over some of the now largely concluded promotions that rival services were offering to woo deal-seeking viewers.

Continue reading

For further details see: