There is a point at which a company is no longer growing at a torrid clip yet is still expected to grow at a more leisurely pace. When a company reaches such a point, it is time to view it in a different light. For Wells Fargo’s Steven Cahall, Netflix (NFLX) has now reached that stage. “We see NFLX transitioning from Growth to GARP (growth at a reasonable price) as the stock sheds its net add past and re-emerges as an earnings growth company,” the analyst said. “We think bottom-line performance is becoming steady enough that the company could even provide longer-term EPS growth guidance.
https://www.tipranks.com/news/article/netflix-a-stock-for-garp-investors-to-consider
Netflix (NASDAQ:NFLX)
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Netflix (NASDAQ:NFLX)
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