Reported 4 days ago
Netflix has shown remarkable growth since its IPO in 2002, with shares up 80,080%, making small investments potentially worth millions today. Despite a current market cap exceeding $400 billion and a strong revenue growth, its high price-to-earnings ratio suggests it may not be the best buy at present. While Netflix continues to dominate the streaming industry, potential investors should consider diversifying their portfolios and not rely solely on one stock for retirement.
Source: YAHOO