Why Netflix is the Most Misunderstood FAANG Stock
Netflix (NASDAQ: NFLX) has been the worst-performing FAANG stock since the beginning of 2021. The global leader in streaming guided for 2.5 million new paid subscribers for the first-quarter, which was 1.5 million fewer than Q1 2021. With the sudden loss of $60 billion in Netflix's market cap, the market is underestimating the company's growth potential, giving investors a buying opportunity for this FAANG laggard.