MichaelGordon1 Investment Thesis In January 2024, we upgraded our rating for Netflix (NASDAQ:NFLX) (NEOE:NFLX:CA) to Buy, and the company's stock has since increased by 13%. The stock of Netflix has just fallen more than 10% from its peak. After looking over the company's fundamentals and evaluating its growth potential, we discovered that Netflix had completely changed the way it approached business. It is moving away from aggressively spending on content acquisition in favor of using its user base adv ...