Netflix Earnings Boost Shares
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streaming service giant NetflixThe Motley Fool
•Technology
Technology
Netflix Earnings Look Good: Time to Buy the Stock While Shares Are Still Down From Recent Highs?
79% Informative
Netflix (NASDAQ: NFLX ) reported solid first-quarter results that pushed shares back above $1,000 in after-hours trading.
Netflix shocked investors last quarter when it reported a year-over-year revenue growth rate of 16% for the period.
The streaming service company is guiding for its second-quarter operating margin to come in at 33.3% -- more than 6 percentage points higher than the year-ago quarter .
Stock Advisor’s total average return is 792% — a market-crushing outperformance compared to 153% for the S&P 500.
Consider when Netflix made this list on December 17, 2004 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 524,747 ! Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
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