1 Underrated Reason to Buy This Unstoppable Stock
(NASDAQ: NFLX) has found its groove. Although the streaming specialist faced some headwinds several years ago that caused its stock price to decline, the company has since recovered and is performing exceptionally well.
Netflix's latest quarterly update was yet another smashing success. The bulls might rightly point to the company's strong results as a reason to buy the stock, or the company's dominance in the large and growing streaming industry.
All those are, indeed, solid arguments in favor of Netflix, but there is one that investors shouldn't overlook: Netflix's approach to the artificial intelligence (AI) revolution.
Source Fool.com
Netflix Inc. Stock
€65.68
-2.930%
The stock is one of the favorites of our community with 125 Buy predictions and 3 Sell predictions.
With a target price of 100 € there is a hugely positive potential of 52.25% for Netflix Inc. compared to the current price of 65.68 €.
