Has Netflix Stock Fallen Far Enough to Be Attractive?

Netflix (NFLX) shares have been under sustained pressure, sliding more than 29% over the past three months. Even a stronger-than-expected fourth-quarter earnings report failed to alter the stock’s downward trajectory, with shares declining further in pre-market trading. A key factor weighing on sentiment is management’s outlook on expenses. While Netflix continues to emphasize disciplined spending and margin expansion, it has signaled that expense growth will accelerate modestly this year compared with la ...