3 Reasons to Buy Netflix Stock in July
Earnings, burnings, and learnings make the streaming giant a potential big winner this month.
Overview
It's not the holiday shopping season, but it's easy to see why Netflix (NASDAQ: NFLX) could feel like Christmas in July right now. Shares of the streaming video pioneer have fallen out of favor, a contrast to the overall rising market.
This could be an opportunity as we head into earnings season. With its highly anticipated second-quarter results now less than 10 days away, Netflix's historically cheap valuation, and several bidding wars for smaller media platforms over the past two years, it could be a good time to binge-invest in the leading premium player.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.