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Is Netflix Stock a Buy After Earnings?

TheMotleyFool

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Streaming giant Netflix (NASDAQ: NFLX) had a lot to prove with its second-quarter earnings report. Investors had abandoned the tech giant in droves due to its recent lackluster subscriber growth numbers. Netflix is also facing plenty of competition in the streaming industry, not to mention the password-sharing problem it continues to deal with -- an issue that is causing the company to leave plenty of money on the table.

Despite all these headwinds, Netflix managed to record decent second-quarter results. More importantly, there are still good reasons to invest in this tech giant.