Netflix Strengthens Global Content Lineup: Time to Buy the Stock?
Netflix(NFLX) ZACKS·2024-11-12 01:51
Netflix (NFLX) shares have appreciated 63.3% year to date (YTD), outperforming the broader Zacks Consumer Discretionary sector’s appreciation of 8.6%. It has also outperformed the Zacks Broadcast Radio and Television industry’s appreciation of 37.3% year to date. NFLX shares’ outperformance can be attributed to its growing subscriber base, driven by expanding local and international content offerings and increasing engagement levels. The company had 282.72 million paid subscribers across 190 countries globa ...