Time to Bail on NFLX Stock?
If you have been following Netflix, Inc. (NASDAQ:NFLX) stock in recent quarters, you would know that beating earnings estimates is not enough. Last week's earnings release was the latest proof of Netflix stock's risky nature. Even though the company beat analysts' earnings-per-share (EPS) estimates by a mile, NFLX stock still got killed.
The worst part is that Netflix stock was in the doldrums even before earnings. Year-to-date, NFLX stock is down 19.6%. Is there any hope left for the on-demand video streaming giant?
Yes-but.
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If you have been following Netflix, Inc. (NASDAQ:NFLX) stock in recent quarters, you would know that beating earnings estimates is not enough. Last week's earnings release was the latest proof of Netflix stock's risky nature. Even though the company beat analysts' earnings-per-share (EPS) estimates by a mile, NFLX stock still got killed.
The worst part is that Netflix stock was in the doldrums even before earnings. Year-to-date, NFLX stock is down 19.6%. Is there any hope left for the on-demand video streaming giant?
Yes-but.
Den vollständigen Artikel lesen ...