2 Reasons Netflix's 40% Rally Is Far From Over

Netflix TodayNFLXNetflix$1,186.79 -4.85 (-0.41$587.04▼$1,196.50P/E Ratio59.69Price Target$1,102.79Add to WatchlistShares of Netflix Inc. NASDAQ: NFLX have been on an absolute tear in recent weeks. They’re now up more than 40% since the first week of April, breaking through previous records and entering the rarefied four-figure price range.  While that kind of move tends to raise concerns about overheating, especially with the RSI now at 68, there are still two major reasons to believe the r ...