Notching an annual gain of almost 300%, Netflix (NASDAQ: NFLX ) finished 2013 as the single best-performing stock in the entire S&P 500 index. Does that set the streaming video pioneer up for more outperformance this year -- or for an epic fall?
In the video below, Fool contributor Demitrios Kalogeropoulos recaps the main events behind Netflix's huge 2013 run, including a surprisingly strong earnings announcement in January that added 70% to the stock over just two trading days. Netflix followed that performance up by reaching another important milestone in the next quarter: Streaming video profits overtook the DVD business as the company's main earnings driver. As for this year, Demitrios doesn't expect Netflix to repeat its spectacular 2013 run, but he does see some big growth drivers ahead, including international expansion and new seasons of hit original content.
The No. 1 stock of 2014?
The market -- and particularly Netflix -- stormed out to huge gains across 2013, leaving investors on the sidelines burned. However, opportunistic investors can still find huge winners. The Motley Fool's chief investment officer has just hand-picked one such opportunity in our new report: "The Motley Fool's Top Stock for 2014." To find out which stock it is and read our in-depth report, simply click here. It's free!