Why Smart Investors Scoop Up Netflix Stock No Matter the Price
Video-streaming giant Netflix (NASDAQ: NFLX) has been crushing the market in 2020. The stock gained 50% year to date and 59% over the last 52 weeks, fueled by global interest in entertainment options during the coronavirus lockdowns.
Don't let Netflix's gains keep you away from buying the stock, though. Let me show you why Netflix is a great buy at nearly any price, including the lofty levels the stock occupies today.
Skyrocketing share prices can't be a deal-breaker for growth investors. Selling out when your favorite growth stock is heating up will leave you out of any long-term gains. You can make some money this way, but that's speculation -- not investing.
Source Fool.com
