Is Netflix Stock a Buy Ahead of Earnings?
Late next week, Netflix (NASDAQ: NFLX) will help kick off earnings season. As one of the first Wall Street darlings to report on the fourth quarter, the streaming-TV giant's results will be closely watched.
With shares of Netflix gaining some momentum recently after plummeting in the first half of 2022, some investors might be hoping for a further bump in the stock price when the company reports earnings next Thursday. If revenue, profits, and subscriber growth come in better than expected, the stock could jump.
So, is Netflix a buy before its earnings report? Or should investors wait so they can have more information?
Source Fool.com
