Netflix Is Down 14% Over the Past Year. Time to Buy?

Over the last 12 months, Netflix (NASDAQ: NFLX) shares have fallen 14%. While the stock is still higher than its May 2022 low point of $177 per share, the company faces a number of headwinds -- not least of which is increasing competition from subscription video on demand (SVOD) rivals. Nonetheless, investors interested in Netflix's stock may be wondering if now is a good time to buy -- particularly as some experts project that a bull market is on the horizon.Let's break it down and determine if Netflix is buy-worthy today.Netflix has been a player in the streaming industry since 2007. At the time, Amazon was also in the space with its Unbox service (later rebranded Prime Video), but beyond that, there were few other big SVOD names.Continue reading
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