Think It's Too Late to Buy Netflix? Here's the Biggest Reason Why There's Still Time.
This streaming video giant may have more room to run.Shares of Netflix (NFLX 0.40%) soared to a record high after its first-quarter earnings report exceeded Wall Street expectations. For the period ending March 31, the streaming giant posted a 13% year-over-year revenue increase. Its earnings per share (EPS) reached an all-time high of $6.61, up 25% from the prior-year quarter.With the stock price up 71% over the past year as of this writing, some investors might assume it's too late to buy Netflix. However ...