Netflix (NFLX) Stock Is a Winner, But Keep a Close Eye on Valuation

The coronavirus is here to stay. Well, hopefully not indefinitely, but for longer than anyone was expecting when it first began making headlines at the turn of the year. The recent surge in cases just as the economy was reopening means an additional stay-at-home period might be in the cards. In such a situation, what are we to do? Watch Netflix (NFLX).That is the basis for the Netflix bull case from Monness analyst Brian White, who said, “Given the expansion of this COVID-19 crisis across a larger swath of the U.S., disrupting more states and further exasperating fears of a …read more

Source:: Yahoo Finance