Shares of Netflix (NASDAQ:NFLX) are up 40% today on news of the company's $0.13 per share earnings beat. Analysts had been expecting a loss. In this video, Motley Fool analyst Austin Smith sifts through all the tumultuous ups and downs of this stock recently, takes investors through the Netflix narrative, and tells us why he's bullish on the company for the long run.

Austin Smith owns shares of Apple. The Motley Fool recommends, Apple, Netflix, and Walt Disney. The Motley Fool owns shares of, Apple, Microsoft, Netflix, and Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.