Should You Buy Netflix Stock Right Now?
Netflix (NASDAQ: NFLX) essentially gave birth to the streaming content industry roughly 14 years ago and it has been reaping the benefits as a result. The stock price is up over 500% in the last five years. Its massive success has also attracted lots of competition, most notably Walt Disney.
Despite consumers having more streaming content options, they seem to be sticking with Netflix, suggesting the company can coexist with others as folks instead maintain multiple streaming subscriptions. That's good news for Netflix, as subscribers are the lifeblood of its business.
Let's consider that and other parts of its operating performance to determine if investors should consider buying Netflix stock right now.
Source Fool.com
