Netflix's March to No. 1
Notching an annual gain of almost 300%, Netflix finished 2013 as the single best-performing stock in the entire S&P 500 index. Does that set the streaming video pioneer up for more outperformance this year -- or for an epic fall?
In the video below, Fool contributor Demitrios Kalogeropoulos recaps the main events behind Netflix's huge 2013 run, including a surprisingly strong earnings announcement in January that added 70% to the stock over just two trading days. Netflix followed that performance up by reaching another important milestone in the next quarter: Streaming video profits overtook the DVD business as the company's main earnings driver. As for this year, Demitrios doesn't expect Netflix to repeat its spectacular 2013 run, but he does see some big growth drivers ahead, including international expansion and new seasons of hit original content.
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The article Netflix's March to No. 1 originally appeared on Fool.com.
Fool contributor Demitrios Kalogeropoulos owns shares of Netflix. The Motley Fool recommends Netflix. The Motley Fool owns shares of Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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