Why Netflix Stock May Be a Buy Right Now

Netflix ((NFLX), the world's largest streaming service, announced quarterly earnings yesterday afternoon, and though the stock is selling off, the results were broadly positive. After declining more than 30% over the last few months and further today, Netflix shares are approaching levels levels that are beginning to look quite attractive.The streaming giant beat expectations modestly, with EPS of $0.56 vs. ~$0.55 expected and revenue of about $12.05 billion, slightly above forecasts. Subscriber growth rema ...