Netflix Stock Has a Lot to Prove This Week
The stakes are high for Netflix (NASDAQ: NFLX) this week. The undisputed champ of premium streaming video reports quarterly results shortly after Thursday's market close. With Netflix stock entering this week hitting another all-time high on Friday afternoon -- surging 26% since its last financial date -- there's a lot of air in the revolutionary service's shares.
A lot can go wrong. A lot can also go right. Netflix has set the bar high heading into this week's second-quarter results, but things don't have to end badly for investors this week. The stock may be priced for perfection, but let's size up Netflix's own forecast and what it could deliver to see if it could exceed perfection.
Image source: Netflix.
Source Fool.com
