Shares of Netflix (NASDAQ: NFLX ) are up 40% today on news of the company's $0.13 per share earnings beat. Analysts had been expecting a loss. In this video, Motley Fool analyst Austin Smith sifts through all the tumultuous ups and downs of this stock recently, takes investors through the Netflix narrative, and tells us why he's bullish on the company for the long run.
With Netflix absolutely on fire like it is today, it's easy to forget that the precipitous drop in Netflix shares since the summer of 2011. While the company's first-mover status is often viewed as a competitive advantage, the opportunities in streaming media have brought some new, deep-pocketed rivals looking for their piece of a growing pie. Can Netflix fend off this burgeoning competition, and will its international growth aspirations really pay off? These are must-know issues for investors, which is why we've released a brand-new premium report on Netflix. Inside, you'll learn about the key opportunities and risks facing the company, as well as reasons to buy or sell the stock. We're also offering a full year of updates as key news hits, so make sure to click here and claim a copy today.