Is Netflix a Buy After Its Post-Earnings Surge?

Keep an eye on live sports as a new revenue driver for the streaming giant. Unsubscribe Good Afternoon, Netflix, Inc. NASDAQ: NFLX stock shot up more than 16% in midday trading the day after it reported blockbuster earnings. But after rocketing past its 200-day and 50-day simple moving averages, is there still room for investors to get involved with NFLX stock?  The streaming giant added nearly 9 million subscribers. Many of these subscribers were the result of the company's crackdown on password sharing.   This will be sticky revenue for the company because consumers are spoiled for choice in the streaming sector. So, the fact that they are choosing Netflix will make them more likely to stick around for more than The Crown's final season, which the company says will drop sometime in November 2023.  It also means that any concerns about customers rejecting an ad-supported tier were likely overblown. That insight is meaningful to Netflix as well. The company now realizes that its old business model, predicated on ad-free viewing and password sharing, is no longer the key to streamer’s hearts.   Click here to watch the latest Netflix analysis. Take a look at these new offers and reports just for you: History is Repeating: Is Your Wealth Prepared? The past can offer valuable lessons, but only if we heed its warnings. With the right knowledge, you won't fall victim to the coming rise; instead, you can position yourself to benefit financially from it. From Theo Trade. Click Here to Download Your Guide and Shield Your Wealth Do You Bank in Any of these 110 Banks? If you use any of these 110 banks, your money could be in trouble. From Legacy Research. Click here to see why. 2023-2024 AI Stock Report - Grab Your Copy Today! Are you ready for exciting AI investment opportunities in 2023 and 2024? Discover the top 7 AI stocks of these two years in our exclusive report, available for download now. Equip yourself with the knowledge for successful AI investments in the rapidly evolving market! From Darwin. Don't miss the AI boom in 2023 and 2024! Get your report here. My grim warning about AI stocks Today, I'm warning of another looming catastrophe. Only this time, it's not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what's really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy...  There's also no escaping that The Big AI Die-Up is coming. From Porter & Company. So go here now to read my new report The Big AI Die-Up… while you still can. AI Cracks Open Largest Untapped Energy Reserve on Earth This orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion…  From Banyan Hill Publishing. ]click here to watch a free presentation where I reveal all the details of this lucrative opportunit URGENT WARNING About United States Bank Accounts The mainstream news isn't breathing a word about it… … but the government is about to unleash a shocking change to bank accounts in the United States. It's going to rip away your privacy and control of your savings. From Investor Place Media. Click here to discover what the government's change is. Free Report: 3 Stocks to Buy Now On June 8th, CNN and AP News declared the official start of a new bull market in stocks. And while it's true that the S&P 500 rose 20% from its October low… For most Americans, this doesn't feel like a roaring stock market. It's a fact that retail investors underperform the markets… and that's a major source of wealth inequality in America. What chance do every day Main Street investors have?? From TradeSmith. Click here to claim it now – totally FREE. William Bushee MarketBeat

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