Don't Sell Netflix: NFLX Is the One Streaming Pick I'd Add to Today

Despite Netflix trading down 50% from highs while the S&P 500 is up 13% YTD, analyst argues the stock remains a strong long-term buy. Netflix shows solid fundamentals with 13% YTD revenue growth, expanding content into sports and live programming, and aggressive share buybacks at lower prices. Trading at a P/E of 21—historically low for the company—Netflix is well-positioned against legacy competitors and should benefit from sustained streaming demand growth.