Netflix: Buy or Forget the Pullback?

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Tuesday, March 22, 2011

Netflix: Buy or Forget the Pullback?

Filed under: Netflix, Inc. (NFLX)

Netflix, Inc. (NFLX) has pulled back from its 52-week high of $247.55. At the time of this writing, shares were exchanging hands for about $215. The 52-week low for the stock is $70.05.

We know that this company has been a great performer. Investors who bought at the lower end of the chart have been amply rewarded. But for those who don't own the name, is it time to buy? And, likewise, for those who do own it, is it time to sell?

Continue reading Netflix: Buy or Forget the Pullback?

Netflix: Buy or Forget the Pullback? originally appeared on BloggingStocks on Mon, 21 Mar 2011 18:00:00 EST. Please see our terms for use of feeds.

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