Netflix is poised to finish the year up over 20%, as it recently reported strong earnings and growth. The company’s stock has soared to a valuation of over $500 billion, with shares up 32% year to date. Netflix has routinely generated 20% gains annually, outperforming the S&P 500.

Despite some past declines, Netflix remains a top growth stock, offering great returns for long-term investors. While there may be a risk of a correction, the company’s wealth of content and streaming dominance make it a solid investment. Consider joining Stock Advisor for potential high-return stock recommendations.

Netflix’s recent earnings report showed strong performance, beating analyst expectations with revenue of $11.08 billion and earnings per share of $7.19. Sales grew by 16% year over year, though the company expects margins to decline due to increased content expenses. Netflix’s consistent growth makes it a reliable stock to buy and hold.

Read more at Yahoo Finance: 1 Remarkable Stat That Highlights Just How Amazing Netflix Stock Has Been in Recent Years