Netflix: Long Runway To Rally With PEG Below 1x
Giuliano BenzinWhile most of the stock market has been stuck in a sideways pattern for the majority of 2024 so far, the sentiment for Netflix (NASDAQ:NFLX) is decidedly bullish. The leading streaming company has continued to showcase strong subscriber adds in the wake of price increases, while a strong content slate for 2024 is set to continue appeasing the subscriber base. Year to date, shares of Netflix have already surged more than 20%: but in my view, there's still plenty of upside ahead. Data by YC ...