Reported 2 months ago
Recent market turbulence from soft U.S. economic data and rising interest rates has caused Netflix shares to dip 10% from their 2024 peak. With its leading position in the streaming industry, growing revenue, and strong free cash flow, investors are now evaluating whether this downturn presents a buying opportunity for this dominant media platform. While Netflix's current P/E ratio is higher than the index, its historical earnings growth suggests there could be potential value in investing despite the market's current pessimism.
Source: YAHOO