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Is Netflix Still a Growth Stock?

TheMotleyFool

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Netflix's (NASDAQ: NFLX) latest earnings update contained plenty of good news about the business. The streaming video giant is speeding up its subscriber gains in the second half of 2021 thanks to a flood of new TV and film content. Cash flow and profit margins are expanding, too, implying soaring earnings over the next few years.

But Netflix posted a second consecutive quarter of sales growth below the 20% mark that it used to routinely surpass. And co-CEO Reed Hastings and his team are projecting just 16% higher sales in the final quarter of the year. Is this the beginning of the end of Netflix's huge growth days?

Let's take a closer look.

Source Fool.com

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