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Why Netflix Just Became Less Risky

Why Netflix Just Became Less Risky

Netflix (NASDAQ: NFLX) reported fourth-quarter earnings on Jan. 19, and there was something in the report that indicated that the streaming giant is now a less risky stock to own. The company did mention competition and highlighted that Disney+ reached 86.8 million subscribers. The decreasing riskiness has more to do with an internal milestone Netflix just reached.