2024-06-26 05:10:00 ET
It's impossible to argue with Netflix 's (NASDAQ: NFLX) unbelievable track record of compounding shareholder capital in the past. The streaming stock has skyrocketed 992% in the past decade and 16,160% in the last 20 years, crushing the broader indexes.
This monumental rise has created one of the world's most valuable enterprises. Netflix currently carries a market cap of $296 billion. But investors probably have their sights set on a bigger figure.
Can Netflix become a trillion-dollar stock by 2030?
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Can Netflix Become a Trillion-Dollar Stock by 2030?