Netflix Inc. had a roaring 2013, featuring a jump of about 300% in its share price — not to mention a surge of 33% in its subscriber base, from an already impressive 33.3 million streaming members around the world to 44.3 million.
But 2014 has been a mixed bag.
I think this streaming provider is a great value for consumers. However, as an investor, I’m not touching this stock.
While Netflix boasted in October of strong subscriber growth yet again, the rate of that growth wasn’t enough to satisfy Wall Street — and shares are off about 30% in the last three months.
So what’s the score here with NFLX? Is the streaming-video leader finally slowing down, and seeing its sky-high valuation catch up with it?
Or is there continued growth ahead for Netflix in 2015 that makes the recent volatility nothing more than a natural pullback that’s a bit overdone, providing investors with a buying opportunity?
Read More