Advertisement
Canada markets closed
  • S&P/TSX

    22,167.03
    +59.95 (+0.27%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • DOW

    39,807.37
    +47.29 (+0.12%)
     
  • CAD/USD

    0.7387
    +0.0001 (+0.01%)
     
  • CRUDE OIL

    83.11
    -0.06 (-0.07%)
     
  • Bitcoin CAD

    95,830.72
    +1,763.95 (+1.88%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,254.80
    +16.40 (+0.73%)
     
  • RUSSELL 2000

    2,124.55
    +10.20 (+0.48%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • NASDAQ futures

    18,465.00
    -38.75 (-0.21%)
     
  • VOLATILITY

    13.01
    +0.23 (+1.80%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • NIKKEI 225

    40,406.69
    +238.62 (+0.59%)
     
  • CAD/EUR

    0.6852
    +0.0009 (+0.13%)
     

Why Netflix is the Most Misunderstood FAANG Stock

Why Netflix is the Most Misunderstood FAANG Stock

Netflix (NASDAQ: NFLX) has been the worst-performing FAANG stock since the beginning of 2021. The global leader in streaming guided ​​for 2.5 million new paid subscribers for the first-quarter, which was 1.5 million fewer than Q1 2021. With the sudden loss of $60 billion in Netflix's market cap, the market is underestimating the company's growth potential, giving investors a buying opportunity for this FAANG laggard.