Is There an Upside in NFLX Stock?
With the stock market sell-off continuing, the hottest tech stocks of yesteryear are in the penalty box. Netflix, Inc. (NASDAQ:NFLX) happens to be one of them. Over the past six months, NFLX stock plunged nearly 40%, but things could be looking up.
The blunt reality is, when the market crashes, investors tend to first sell the stocks that went up a lot. And since tech stocks were some of the biggest gainers in the previous rally, they were hit particularly hard when things went south.
Note, however, that the previous rally in Netflix stock was so strong that long-term investors are still in the green. Over the past 12.
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With the stock market sell-off continuing, the hottest tech stocks of yesteryear are in the penalty box. Netflix, Inc. (NASDAQ:NFLX) happens to be one of them. Over the past six months, NFLX stock plunged nearly 40%, but things could be looking up.
The blunt reality is, when the market crashes, investors tend to first sell the stocks that went up a lot. And since tech stocks were some of the biggest gainers in the previous rally, they were hit particularly hard when things went south.
Note, however, that the previous rally in Netflix stock was so strong that long-term investors are still in the green. Over the past 12.
Den vollständigen Artikel lesen ...