Can Netflix Become a Trillion-Dollar Stock by 2030?

Netflix (NASDAQ: NFLX) deserves the most credit for spearheading streaming video entertainment, bringing it to the global stage, and totally disrupting the traditional cable TV industry. The company's monster success has resulted in some seriously happy shareholders. The stock has soared 54,120% in the past two decades.Netflix today is one of the most valuable businesses on Earth, carrying a market cap of $324 billion. But can this leading streaming enterprise become a trillion-dollar stock by 2030? Here's what investors need to know.After Netflix first launched its streaming service in 2007, it started to see phenomenal growth simply because it provided consumers with a superior user experience compared to the expensive bundle cable packages. The business also faced minimal direct competition, as other media companies were late in introducing their own streaming services.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool