This article was published by My Trading Buddy
In the age of digital content, Netflix Stock (NFLX) reigns supreme. With total subscriptions nearing 100 million worldwide, the over-the-top content provider is reshaping how we watch our favourite movies and TV shows. Its triple-digit share price, robust earnings and growing revenues all point to a bright future for the Los Gatos, California-based company.
Traders have taken notice and are looking to make Netflix a cornerstone of their portfolio strategy.