1 Stock-Split Stock That Created Many Millionaires, and Will Continue to Make More
The stock market is a proven wealth generator over the long term, even for conservative investors who buy index funds. But some individual stocks like Netflix (NASDAQ: NFLX) have delivered an absolute fortune to investors who were game enough to bet on them early.
Netflix was founded in 1997. It went public five years later in 2002 with a market valuation of $309 million. The company is now worth $215 billion on the back of its world-leading streaming platform.
Investors who bought Netflix stock at its initial public offering (IPO) and held until now would be sitting on a gain of 45,332%. In other words, a mere $2,210 invested in 2002 would be worth more than $1 million today!
Source Fool.com
Netflix Inc. Stock
€571.20
1.390%
Our community is currently high on Netflix Inc. with 79 Buy predictions and 8 Sell predictions.
With a target price of 577 € there is a slightly positive potential of 1.02% for Netflix Inc. compared to the current price of 571.2 €.
