3 Reasons to Buy Netflix Before Its Nov. 17 Stock Split

Netflix (NASDAQ: NFLX) announced some exciting news recently: It's enacting a 10-for-1 forward stock split, effective on Nov. 17. Stock splits can be exciting for investors for multiple reasons, including because they open up access for new investors who don't use brokerages that allow fractional share purchases. Investment strategies involving options are also easier when the share price is smaller.This is Netflix's first stock split in over a decade (it last split its stock in 2015). Companies often see their stock's price point rise around a split due to factors like those mentioned above. Some investors like to capture those short-term gains by buying shares. However, that's not a great reason to buy the stock. Instead, investors should focus on long-term metrics to guide whether the stock is a buy or not. If that guidance suggests a buy is a good idea, though, buying around the time of a forward split can sometimes be beneficial.Here are three reasons why Netflix is a great long-term investment that might warrant a buy before the stock splits.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool