There is no denying that Netflix has revolutionized how we watch television, regardless of whether you are an obsessive fan of the newest show or simply love movies.
In the near future, Netflix stock may be a good investment. Last but not least, investors should think about purchasing Netflix due to its undemanding valuation.
How to Buy Netflix Stock?
- Figure out where to buy Netflix stock: Don’t worry, we’ve combed through dozens of online stock brokerages and apps to help you choose where to buy Netflix stock. You need to choose an online brokerage.
- Open a brokerage account: Join the top-ranked brokerage we’ve found for 0% commission trading.
- Fund your investment account: Select a payment option, then enter your information.
- Research Netflix stock: NFLX is the ticker code for Netflix. Is Netflix stock a wise investment? Should you invest in NFLX stock? What do the fundamentals of NFLX’s business appear to be? Do top analysts believe Netflix is a good investment? What causes recent changes in NFLX’s stock price?
- Make your NFLX purchase: Select whether you want to buy NFLX shares at the current market price or at a specific price using a limit order.
- Keep an eye on your investment in NFLX: Make a watchlist to keep track of your Netflix share position.
Step 1: Figure Out Where to Buy Netflix Stock
To access the NASDAQ market and purchase NFLX stock, you will require an online brokerage account.
The best online stock brokerage, in our opinion, is eToro. eToro gives you:
- You can invest in stocks with 0% commissions: Without commissions, make investments.
- Buy fractional shares: The stock can still be purchased even if you don’t have enough cash to purchase a full share.
- Access to global financial markets: You can stock your portfolio with stocks from the top stock exchanges in the world, from Tech to Financial Services, New York to London.
- Social investing: eToro boasts a community of more than 20 million users globally. Speak to seasoned investors about their cryptocurrency trades to learn from and copy.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: such as cryptocurrency and ETFs.
Open an eToro account right now to buy NFLX shares.
Step 2: Open a Brokerage Account
After deciding on the best brokerage, you need to provide some personal information in order to purchase NFLX stock right away.
How to Create a New Account on EToro
- Start here by clicking.
- Make a new trading account by entering your personal information.
- Send your application by hitting the “Create Account” button.
Step 3: Fund Your Investment Account
Now that you’ve created your account on the best free stock trading app, your next step is to transfer the money for your investment:
The procedure for transferring money into your new investment account is demonstrated in the video below.
Step 4: Research Netflix Stock
Once you’ve determined where to buy Netflix stock at the best price, it’s essential to research the company’s stock first so you can fully understand the opportunity and risk involved.
Fundamentals of Netflix
WallStreetZen was developed to make quick work of more time-consuming fundamental analysis for regular investors.
Netflix has average fundamentals and is passing 13/33 of WallStreetZen’s due diligence checks. It has a 38 overall Zen Score. Here’s further breakdown of the score:
- Value: NFLX has a Value score of 29, which is higher than the sector average for the Entertainment industry. 2 of the 7 due diligence checks for NFLX are being passed.
- Financials: NFLX scored 0 in the Financials category, which is the same as the industry standard for the Entertainment sector. NFLX is failing 0 out of 7 checks for due diligence.
- Forecast: NFLX’s forecast score of 80 is higher than the average for the entertainment sector. NFLX is passing 8 of the 9 checks for due diligence.
- Performance: NFLX has a Performance score of 43, which is higher than the industry average for the Entertainment sector. 3 out of 10 diligence checks for NFLX are being passed.
- Dividend: We do not score this dimension because Netflix has no recent history of paying dividends.
On the stock page for NFLX, you can see the results of every investigation.
How is NFLX Stock Valued?
To calculate NFLX’s intrinsic value, you can make use of a wide range of different financial metrics, studies, models, and charts.
Using relative valuations metrics:
- NFLX may be overvalued based on its P/E ratio of 32.87x, relative to Entertainment industry P/E ratio of 32.86x
- NFLX could be overvalued based on its P/B ratio of 7.12x, relative to Entertainment industry P/B ratio of 2.08x
- NFLX may be undervalued based on its PEG ratio of 0.89x
Step 5: Make Your NFLX Purchase
There are two primary order types:
- Market order: An order to buy or sell stock at the best available price is referred to as a market order.
The simplest way to purchase is typically through market orders. - Limit order: A limit order is one that instructs the purchase or sale of a stock at a predetermined price (or higher).
Use a limit order if you want to ensure that you’re buying or selling at a specific price limit.
By clicking the Open button, eToro will carry out the order.
Step 6: Keep An Eye on Your Investment in NFLX
You’ll want to keep track of your new investment now that you own some NFLX shares.
To keep track of your NFLX stock, start a watchlist.
How to Buy Stock in Netflix?
To reiterate, here are the 6 steps for buying Netflix stock:
- Figure out where to buy Netflix stock
- Open a brokerage account
- Fund your investment account
- Research Netflix stock
- Make your NFLX purchase
- Keep an eye on your investment in NFLX
Our preferred option is eToro if you require an online brokerage.
Bottom Line
In the end, Netflix is a successfully operating, rapidly expanding company with a number of admirable competitive advantages. Although there has never been more competition, shares have always traded at high valuations. In contrast, Netflix’s track record, localized content strategy, and newly projected sustainability without the need for additional debt will make it a large-cap growth stock worth owning for risk-tolerant, perseverant, and long-term investors.
