Up Nearly 90% in a Year: Is Netflix Stock Still Worth Buying?
The streaming media leader has a bright future.
It's been a rough year for many stocks as the Trump administration's unpredictable tariffs, the escalating trade war, sticky inflation, and other headwinds rattled the markets. However, one stock that bucked that downturn was Netflix (NASDAQ: NFLX), which rallied nearly 90% over the past 12 months as it dazzled the bulls with its robust growth rates. Let's see why Netflix kept expanding in this challenging environment -- and whether its stock is still worth buying today.
When Netflix's revenue rose only 6% in 2022, the bears claimed the streaming leader's high-growth days were over. That year, its growth was affected by the Ukrainian war, competition from Disney and other rivals, and password sharing.
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