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Forget Selling Netflix: NFLX Is the Streaming Stock I'm Buying More Of
The Motley Fool·
Netflix stock has declined 42% over the past year and trades at a modest 22x trailing earnings, presenting a buying opportunity according to the author. Despite the price drop, Netflix remains the dominant media company by market cap with superior profitability compared to competitors, and its history of reinvention through streaming, original content, ad-supported services, sports, gaming, and entertainment venues suggests continued growth potential.
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