It might seem strange to say a stock is still irresistible after it's rallied 350% and just closed at a new high, but it's hard not to with Netflix, Inc (NASDAQ: NFLX). For a company that had to watch its shares lose 80% of their value just 2 years ago, it's been a remarkable turnaround and one that looks likely to continue.
During the pandemic-fuelled bull run, Netflix found itself a key member of the much-acclaimed FAANG group of tech stocks. But as the bubble started to pop around November 2022, they were the stock that fell the hardest and further. For investors who managed to ride out that volatility or who have been able to get involved during an earlier phase of the current rally, it must be a particularly sweet turn of events.
As we round the corner into the last few months of the year, it's Netflix's shares that have tacked on the most value in the past 12 months and, in many ways, look the strongest heading into 2025. So what's behind the recent success of the streaming giant, and what makes them still so irresistible?
Bullish Fundamentals
Well for starters, the company has managed to turn its fundamental performance around, and absolutely crushed analyst expectations for its most recent ...
