Could Netflix Stock Help You Become a Millionaire?
Netflix (NASDAQ: NFLX) has been, without a doubt, one of the best investments of the past couple of decades. Since October 2005, shares have soared 29,100% (as of Oct. 17). Had investors bought just $3,500 worth of the streaming stock at that time, they'd have $1 million today. That's a wonderful outcome.
Today, Netflix dominates the industry. It ended last year with 302 million subscribers. And the business carries a huge market cap of $510 billion. If you bought this stock today, though, could it help you become a millionaire?
Image source: Netflix.
Source Fool.com
Netflix Inc. Stock
€962.20
-10.070%
The stock is one of the favorites of our community with 110 Buy predictions and 4 Sell predictions.
With a target price of 1102 € there is a slightly positive potential of 14.53% for Netflix Inc. compared to the current price of 962.2 €.
