If I Could Buy Only 1 Stock, This Would Be It
Despite a stock price that has skyrocketed 67% this year, this company still has what I believe to be a long growth runway. Sales in its most recent quarter (which ended June 30) were up 25% from the prior-year period, and its market capitalization is now $243 billion.
As it continues to completely upend an entire industry and create a new entertainment category, 193 million monthly subscribers in more than 190 countries enjoy the TV shows, movies, and documentaries that this company makes available to them.
It's for these reasons and more that, if I could buy only one stock, it would be Netflix (NASDAQ: NFLX).
Source Fool.com
