The following video is part of our "Motley Fool Conversations" series, in which analyst Jim Mueller discusses topics around the investing world.

Netflix CEO Reed Hastings announced that the company delivered more than 1 billion hours of streaming in June. Yet people are still confused over how this company works and how it stacks up against the competition. That adds up to a Messed-Up Expectation, so Jim will be adding shares of Netflix to the real-money portfolio he runs for The Motley Fool. Jim believes it has the potential to be a multibagger over the next several years.

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