Shares of Netflix (NASDAQ:NFLX) have more than tripled in 2013. One analyst sees the stock quadrupling from here in the next half-decade, leading to a $75 billion market cap. Does this ultra-bullish call make any sense?

In the following video, Fool analyst Anders Bylund takes a good look at the market-moving research note from MKM Partners analyst Rob Sanderson. At 0:20, he explains why Sanderson's extreme growth prediction makes sense. At 0:45, he points out why some investors might not buy this particular bullish argument. At 1:24, he gives you one simple way to play the Netflix stock right now.

Fool contributor Anders Bylund owns shares of Netflix. Check out Anders' bio and holdings, or follow him on Twitter and Google+.

The Motley Fool recommends and owns shares of Netflix. 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.