NFLX - Netflix: Focus On The Long-Term Story Heading Into Q1
2024-04-13 07:55:34 ET
Summary
- Netflix has outperformed the Nasdaq and S&P 500 with a 113% total return since 2023.
- The company's success is attributed to accelerating revenue growth, margin expansion, and declining debt.
- Netflix's long-term trajectory remains attractive, heading into the Q1 report due on Thursday.
Netflix ( NFLX ) has been one of the best-performing stocks since the 2022 bear market. With a 113% total return since 2023, the streaming giant almost doubled the Nasdaq and more than tripled the S&P 500.
This impressive performance results from the bullet-proof combination of accelerating revenue growth, margin expansion, and declining debt....
Netflix: Focus On The Long-Term Story Heading Into Q1