Should You Buy Netflix Stock Before Oct. 20? History Has a Clear Answer.
Netflix (NASDAQ: NFLX) reports third-quarter results next week, and I wish I had some better news. Shares of the leading premium video service have fallen 40% over the past year. Momentum isn’t on its side.
Expectations are also low heading into Tuesday’s fresh financials. Netflix’s own guidance calls for revenue to rise 11.7%, its weakest year-over-year growth in three years. Revenue growth should decelerate for the third consecutive quarter.
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