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Up 34% in 3 Months, Can Netflix Maintain Its Momentum?

TheMotleyFool

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Up 34% in 3 Months, Can Netflix Maintain Its Momentum?: https://g.foolcdn.com/editorial/images/705584/person-watching-a-video-on-a-smartphone.jpg

Is Netflix (NASDAQ: NFLX) on the verge of a comeback?

The streaming specialist's shares have gained an impressive 34% in the past three months, easily outperforming the broader market in this period. Netflix's third-quarter results further jolted the company's stock, thanks to its results exceeding expectations. And although Netflix's stock remains down by more than 50% year to date, there are good reasons it could continue climbing from this point.

Let's see why Netflix's prospects look attractive right now.

Source Fool.com

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