Is Now the Time to Buy Netflix Stock?

Netflix (NASDAQ: NFLX) stock's stellar year was threatened this week. The company reported third-quarter results, and shares slipped even though the streaming and entertainment provider posted 17.2% year-over-year revenue growth. The streaming-TV specialist also said its ad-supported tier recorded its best ad sales quarter to date.So why did the stock slip after the report?Investors appear to be weighing two things at once. First, the stock's valuation arguably already reflected a lot of that progress. Additionally, a Brazilian tax expense hit reported profit, causing the company to miss analysts' estimates for earnings per share.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool