Could Netflix Stock Help You Retire a Millionaire?
There are few businesses that have taken care of investors the way (NASDAQ: NFLX) has. Since the company's initial public offering in 2002, shares have skyrocketed, rising 80,080% (as of March 19). This means that if you invested a small sum of just $1,250 back then, you would be sitting on a seven-figure balance today from this single investment. That's an unbelievable outcome.
Netflix's market cap today exceeds $400 billion. But the business is surely still on the radar for many investors looking to put some money to work over the long haul.
If you buy this top streaming stock today, can it help you retire as a millionaire? I believe it's important to learn what makes this company special before deciding if it should be in your portfolio.
Source Fool.com
Netflix Inc. Stock
With 135 Buy predictions and 1 Sell predictions Netflix Inc. is one of the favorites of our community.
As a result the target price of 110 € shows a positive potential of 20.55% compared to the current price of 91.25 € for Netflix Inc..
