Should You Buy Netflix Stock Before Oct. 21?

When it comes to streaming video, Netflix (NASDAQ: NFLX) is the bar by which all other providers are measured. The company continues to dominate the industry it pioneered, evolving from DVD-by-mail to become the world's largest streaming video subscription service.Some investors lost faith in the company's future growth potential, but that proved to be a costly mistake. Despite rising competition and a changing entertainment landscape, Netflix has continued to thrive, driving its stock price up 396% over the past three years and 65% over the past 12 months.The company faces another key hurdle when Netflix reports its third-quarter results after the market close on Oct. 21. Given the stock's impressive gains over the past year, should investors lay out their hard-earned money now or wait until after this crucial financial report? Let's drill down to see what the evidence suggests.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool