Is Netflix a blue-chip stock? (2024)

Is Netflix a blue-chip stock?

Netflix (NFLX)

Is Netflix a blue-chip?

Netflix (NASDAQ:NFLX) is an American content streaming service that is available by subscription in over 190 countries around the world. This blue-chip stock currently trades at a slight premium to its average analyst price target.

Is Netflix a good stock to buy?

Given its brand strength, strong engagement (it routinely tops streaming ratings), and successful content creation strategy, everything points to Netflix holding its top position for a long time. That's why investors can safely add the stock to their portfolios.

What type of stock is Netflix?

Common Stock (NFLX)

What stock is blue-chip?

Blue-chip stocks are from companies that are large, well-established, and financially sound. These companies have strong brand names and reputations, and they generate dependable earnings. Blue-chip companies usually boast consistent dividends and are often considered to be less risky, given their financial stability.

What are blue chip stocks to buy now?

What are the top blue chip stocks?

Is Netflix a safe stock?

Netflix stock has an IBD Relative Strength Rating of 92 out of 99. The rating shows how a stock's price performance stacks up against all other stocks over the last 52 weeks.

Is Netflix stock a good long-term investment?

The good news is NFLX stock has clobbered the broader market over the long term, generating an annualized total return of 33.1% over the past 20 years, vs 10.4% for the S&P 500.

Is Netflix a buy hold or sell?

Is Netflix stock a Buy, Sell or Hold? Netflix stock has received a consensus rating of buy. The average rating score is Baa2 and is based on 66 buy ratings, 24 hold ratings, and 6 sell ratings.

Who owns most of Netflix stock?

Who owns the most shares of Netflix (NFLX)? Vanguard owns the most shares of Netflix (NFLX).

Who are the top 10 shareholders of Netflix?

What is the highest Netflix stock has been?

Historical daily share price chart and data for Netflix since 2002 adjusted for splits and dividends. The latest closing stock price for Netflix as of April 26, 2024 is 561.23. The all-time high Netflix stock closing price was 691.69 on November 17, 2021.

Which stock will boom in 2024?

What is the safest stock ever?

What is the best stock of all time?

Is Amazon a blue chip stock?

Amazon (NASDAQ:AMZN) is a blue chip stock best-known for its e-commerce Marketplace and its cloud computing business. Those two segments continue to be the primary drivers of the company. Their strength is the primary reason it has become a blue chip stock.

Is Disney a blue chip stock?

Perhaps an outsider like Peltz and his people is needed to give Disney the agility it needs to march higher again. This makes it one of those blue-chip stocks to consider.

Is Apple blue chip stock?

Apple Inc (NASDAQ:AAPL) is undoubtedly one of the best blue chip stocks to buy and hold according to hedge funds. Apple Inc's (NASDAQ:AAPL) products gain a lot of traction due to Apple Inc's (NASDAQ:AAPL) innovation and brand name attraction.

Is Coca-Cola a blue chip stock?

Coca-Cola (NYSE: KO) is often considered a safe blue chip stock. It owns the world's top soda brand, it generates plenty of cash, and it pays consistent dividends. But over the past 12 months, its stock declined 3% as the S&P 500 rallied 23%.

What is the most undervalued chip stock?

Is Google a blue chip stock?

Alphabet (GOOG, GOOGL): Alphabet's non-search AI potential makes it a must-own blue chip for the long haul.

Why would you buy Netflix stock?

Of course, the market has taken note of Netflix's more profitable advance as well -- thus the big stock run-up, especially since the start of 2023. Shares now trade for a premium 50 times trailing 12-month earnings, or nearly 40 times trailing 12-month free cash flow.

What is the future of Netflix stock?

Stock Price Forecast

The 32 analysts with 12-month price forecasts for Netflix stock have an average target of 623.56, with a low estimate of 370 and a high estimate of 800. The average target predicts an increase of 13.24% from the current stock price of 550.64.

Is Netflix a good stock to buy in 2024?

Netflix. Netflix (NFLX) is this week's first pick. The streaming giant reported better-than-expected results for the first quarter of 2024.