Why Netflix Just Became Less Risky
Netflix (NASDAQ: NFLX) reported fourth-quarter earnings on Jan. 19, and there was something in the report that indicated that the streaming giant is now a less risky stock to own. The company did mention competition and highlighted that Disney+ reached 86.8 million subscribers. However, that figure is far behind Netflix's totals. But staying ahead of its competition is not why Netflix just became a less risky investment.
The decreasing riskiness has more to do with an internal milestone Netflix just reached. Let's take a look at what that was and why it matters.
Netflix surpasses 200 million subscribers. Image source: Netflix.
Source Fool.com
