October 22, 2013 - Netflix (NFLX) stock was upgraded today with a 2014 price target of $440. Shares of Netflix (NFLX) are trading at $394, up 11%, after the company reported blow out earnings last night. Netflix also raised guidance for 2014 and they see a lot more profits in their futures.
Should you buy Netflix (NFLX) stock? On Wall St., it's all about earnings and future earnings and the stock should do well for the next 3 months. However, I would avoid it after that. While NFLX shares are doing well, there are plenty of other stocks worth buying. I like NDLS, RH, YELP, PBPB, AAPL, and GOOG.
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