Why Netflix Could Be a Safe Harbor in a Market Downturn

Why Netflix Could Be a Safe Harbor in a Market Downturn

With another drop in the making, is Netflix (NASDAQ: NFLX) a solid safe harbor? Perhaps because of all our time at home these past months, record numbers of consumers have signed up for Netflix in 2020. This is important news for Netflix, since older-cohort growth is often seen as a technical sign of a service or product's ubiquity and staying power.