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1 Glorious Reason Warren Buffett Would Appreciate Netflix Stock


(NASDAQ: NFLX) continues to be a winning bet for investors. Shares are up 70% just in the past 12 months. And they have soared 1,420% in the past decade, crushing the performance of the S 500.

Warren Buffett, the legendary investor who is the longtime CEO of Berkshire Hathaway, is familiar with the media landscape, as some of his company's current positions demonstrate. However, he missed the boat on Netflix, which would have been a positive contributor to the conglomerate's financial success.

Buffett likely still appreciates the streaming stock. Here's one glorious reason why.

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Source Fool.com

Netflix Inc. Stock

€1,053.4
-0.660%
Netflix Inc. shows a slight decrease today, losing -€7.000 (-0.660%) compared to yesterday.
Our community is currently high on Netflix Inc. with 114 Buy predictions and 7 Sell predictions.
With a current price of 1053.4 € Netflix Inc. is right around the predicted target price of 1054 €.
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