Missing This Netflix Bottom Will Haunt Your Portfolio For Years (Upgrade)

Netflix, Inc. remains a long-term growth story, with 45% household penetration and only 5% global TV view share, leaving significant TAM expansion potential. I see major upside in NFLX's push into podcasts, creator content, and live sports, which could unlock new revenue streams beyond traditional streaming. Valuation is now more attractive: NFLX trades at 24.3x 2024 earnings, a ~40% discount to its 5-year average, and at a PEG ratio below sector peers.