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Barchart
Amit Singh

Netflix Stock Is Cheap and It Has More Than 70% Upside Potential Here

Netflix (NFLX) shares closed 5.4% higher on Aug. 13 after Bill Ackman’s Pershing Square Holdings (PSHZF) disclosed a new stake in the streaming giant. The move added a vote of confidence at a time when NFLX stock is trading well below its peak.

The investment case is straightforward: Netflix has experienced a sharp valuation reset, but its underlying growth and profitability outlook remain strong.

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