Netflix (NASDAQ:NFLX) is getting bigger. After sinking to a market cap of less than $5 billion a year ago, the company's stock has surged to cross the $13 billion mark this week. That's still far from Netflix's record, which was north of $15 billion two years back:

NFLX Market Cap Chart

NFLX Market Cap data by YCharts

In the following video, Fool contributor Demitrios Kalogeropoulos and analyst Blake Bos discuss Netflix's wild valuation swings. Demitrios argues that expanding profits in its U.S. business shows the strength of the company's model, while Blake takes a more bearish perspective.

The two also name a few content owners, such as DreamWorks and Lions Gate, that profit from Netflix's growth regardless of its valuation.

Blake Bos has no position in any stocks mentioned. Fool contributor Demitrios Kalogeropoulos owns shares of Walt Disney and Netflix. The Motley Fool recommends Amazon.com, DreamWorks Animation, Netflix, and Walt Disney and owns shares of Amazon.com, Netflix, and Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.