2 Zombie Stocks Coming Back from the Dead
Buying beaten-down stocks may take more gumption than the average investing method, but when you hit you can hit big.
Priceline Group (NASDAQ: PCLN) languished for several years after the dot-com bubble burst, but thanks to a smart acquisition strategy the stock eventually surged and has now returned nearly 30,000% since hitting its all-time low in October 2002.
Netflix (NASDAQ: NFLX) stock plunged after the so-called Qwikster debacle in 2011, when the company attempted to separate its DVD-by-mail and streaming services. Investors doubted its ability to recover, but its streaming service has since become dominant, and the stock is up almost 2,000% over the last five years.
Source: Fool.com
Netflix Inc. Stock
€571.20
1.390%
Our community is currently high on Netflix Inc. with 79 Buy predictions and 9 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 €.
