Netflix (NFLX) Stock

We have just released a list of the 12 Best FAANG+ Stocks to Invest in at the moment. In this article, we will examine how Netflix, Inc. (NASDAQ:NFLX) compares to other top FAANG+ stocks available for investment. The stocks that were once called FAANG are well-known for their technological strength and market influence.

Netflix (NFLX 0.36%) has once again demonstrated its leading position in the streaming market. On January 21, the company announced its earnings for the fourth quarter of 2024, and the results were impressive.

Netflix (NFLX 0.36%) remains a strong choice for investors. Its stock has increased by 70% over the last year.

Not long ago, some investors and analysts were predicting the end of Netflix (NFLX 0.36%). While the company had impressive success from the early 2010s until the start of the pandemic, it began facing challenges like slow growth in revenue and subscribers, as well as increasing competition.

Last week, Netflix surprised the markets with an impressive quarterly performance, causing its stock to rise significantly. Smart investors may view this as a positive outcome not just for Netflix, but also for the streaming company Roku.

Netflix has bounced back after dealing with tough competition and losing its top position in streaming. Recently, it shared great news for investors, leading to a 70% increase in its stock price over the last year.

Netflix (NFLX -0.50%) has clearly been one of the top-performing stocks of this century. If you had the luck or insight to invest $1,000 in this streaming service in late January 2005 and kept it, your investment would now be worth an incredible $617,000 as of January 27.

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Since we recommended buying Netflix shares, the stock has risen by 115%, while the S&P 500 has only increased by 31%. We believe that the company's management is on track to achieve another impressive performance in FY25. With recent price increases and its high-quality original content, we anticipate stronger-than-expected revenue growth in FY25, especially with the new reporting approach.