The stock is down significantly off its highs as competitors have entered the fray and consumer demand has decreased.
Netflix (NFLX 1.93%) 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.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Netflix. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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