Netflix's Growth Is Staggering. But Are Shares Still Attractive?

Shares are soaring and business is booming. What's next for the stock? Looking beyond revenue growth, the company's earnings momentum is even more impressive. Second-quarter earnings per share came in at $7.19, up 47% year over year. This outsized growth is due to massive operating margin expansion. Second-quarter operating margin was 34.1%, up from 27.2% in the year-ago quarter. Netflix (NFLX -3.38%) stock has crushed the market this year. The streaming service specialist's shares have climbed more than 38 ...