Should You Buy Netflix Stock Before July 17?

When it comes to streaming video services, Netflix (NASDAQ: NFLX) requires little introduction. From its humble beginnings mailing DVDs to customers using its signature bright red envelopes, the company has become ubiquitous as the world's largest subscription-based streaming service.Much to the delight of its shareholders, Netflix continues to find new ways to juice its revenue growth and resulting profits, even as it transitions to a more mature company. This innate ability has fueled its stock price, which has surged 614% over the past three years and 91% over the past 12 months.The company faces a key hurdle when Netflix reports its second-quarter results after market close on July 17. Given the stock's blistering run over the past year, should investors lay out their hard-earned money to get in on the action or wait until after this important financial report? Let's dig in to see what the evidence suggests.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool