It's been a roller-coaster ride for Netflix (NASDAQ:NFLX) investors over the last several years, having survived some truly insane peaks and troughs. And, while it seems like the streaming giant's valuations have become somewhat more rational, it's certainly not the cheapest stock on the market. However, if it falls slightly, does it make sense to scoop up some shares below, say, $200? We take a look to see if this makes sense in the latest edition of our Ask A Fool series.

Fool contributor Andrew Tonner has no position in any stocks mentioned. Follow Andrew and all his writing on Twitter @AndrewTonnerThe Motley Fool recommends and Netflix. The Motley Fool owns shares of and Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.