The stock is down significantly off its highs as competitors have entered the fray and consumer demand has decreased.
Netflix (NFLX +1.15%) is the pioneer of the streaming content industry. I consider whether the stock is a buy in this video using my simplified six-step framework.
Stock prices used were the afternoon prices of Sept. 2, 2022. The video was published on Sept 4, 2022.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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