Netflix (NFLX) stock has been trading above the 50-week moving average in price for about a year and a half, but that can’t deter the market. Investors recognize that this is one of the most durable stocks, driven by an addictive flywheel of growth in recurring revenue. As TipRanks data shows, NFLX has consistently grown paid memberships since 2020—a remarkable feat, considering the global competition it faces. This is a company that has evolved from a DVD rental disruptor into a global streamin
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