Positive.

From Nasdaq: 2024-07-19 14:33:00

Netflix (NFLX) stock is trading slightly lower despite an earnings and sales beat. Quarterly revenue grew 17% YoY to $9.37 billion, with operating margins expanding to 27%. Netflix dominates the streaming market, accounting for 40% of total TV time in the US. Its fair valuation and growth prospects make it a compelling investment opportunity.
Investors should consider adding Netflix to their portfolios for exposure to the thriving streaming sector.

A push to rebuild US infrastructure will lead to trillions being spent, creating fortunes for infrastructure stocks. Zacks has identified 5 companies poised to benefit the most from this investment, offering a free Special Report. Download now to learn how to profit from the upcoming infrastructure boom.



Read more at Nasdaq: Time to Buy Netflix Stock? Profits Surge as Subscribers Growth Accelerates