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Is Netflix Stock Recession-Proof?

TheMotleyFool

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The U.S. economy officially entered a recession in February that ended the expansion that started in mid-2009. That 128-month period marked the longest continuous growth streak on record. The S&P 500 rose by just over 200% in that time, but shares of Netflix (NASDAQ: NFLX) soared higher by more than 6,000%, making it one of the biggest winners of the decadelong rally.

The streaming-video giant now faces the prospect of operating through what could be a bumpy recovery or even a global recession in late 2020 and into 2021. Just how well positioned is it for a selling environment characterized by weak consumer spending and falling incomes?

Let's take a closer look.

Source Fool.com

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