Down Almost 70%, Here Are 3 Reasons to Buy Netflix Stock Today

Down Almost 70%, Here Are 3 Reasons to Buy Netflix Stock Today
·4 min read

For all the wrong reasons, Netflix (NASDAQ: NFLX) has been front and center in the news of late. The popular video streaming provider enjoyed a massive bull run during the pandemic as global shutdowns triggered a notable influx of consumers looking for fresh entertainment. The company's $7.87 billion in sales in the first quarter of 2022 missed consensus estimates by a mere 1%, while its earnings per share of $3.53 effortlessly beat Wall Street forecasts by 21%.