4 Reasons Netflix Stock Is a Buy Today
(NASDAQ: NFLX) shares have had a volatile few weeks. The stock sold off after the company's third-quarter report late last month as investors focused on an earnings miss driven by a tax dispute in Brazil and a valuation that may have been getting ahead of itself. Still, the report largely revealed an underlying business continuing to trend in the right direction. The difference in the business trajectory and the stock market reaction to the report, therefore, created a good opportunity to reconsider the stock.
With shares trading lower and some fresh metrics to dig into, here are four reasons Netflix stock looks like a buy today.
Image source: Netflix.
Source Fool.com
Netflix Inc. Stock
€65.68
-2.930%
With 125 Buy predictions and 3 Sell predictions Netflix Inc. is one of the favorites of our community.
As a result the target price of 100 € shows a very positive potential of 52.25% compared to the current price of 65.68 € for Netflix Inc..
