Why You Should Buy Netflix Stock Now Rather Than Later

If the recent drop in Netflix stock price has made you second guess your investment opportunities, don’t turn away just yet.

Shortly after releasing its Q3 2021 performance numbers, Netflix shares saw a drop of 2.17%. While the global streaming service company met both subscription and earnings expectations, this growth was not impressive enough to keep the stock from dropping in price.

One of the major issues is subscriber rates. Since going public in 2002, investors have connected subscriber growth with company success. During the pandemic, new subscriber rates soared, but as markets start to reopen post-pandemic, the modest addition of only 4.4 million subscribers may have given the impression that the streaming giant is having trouble attracting new viewers.

There may be light at the end of the tunnel. In fact, the decline in Netflix stock rates may just be the gift investors are looking for to expand their portfolio.

While there is some evidence that subscriber rates across the Americas may be flattening, the streaming giant is having no trouble attracting new subscribers overseas. Additionally, content release dates pushed back by COVID left Netflix’s Q3 content nothing to rave about.

The good news is that Q4 is set to one of the most content-rich quarters in Netflix history. While released in September, the popularity of “Squid Game” is expected to continue well into Q4. The release of new seasons of Netflix favorites like “You” and “The Witcher” along with new movies, such as “Red Notice” and “Don’t Look Up,” is also expected to attract more subscribers. In fact, Netflix is projecting an increase of 8.5 million new users for Q4 2021.

Perhaps the more exciting news for investors, however, is Netflix’s intentions to expand in the video game sector. If done successfully, this expansion could translate into higher earnings for both the company and its investors.

Investors have a short period now to take advantage of lower Netflix stock prices. If the company’s increased content for the fourth quarter has the power to attract more subscribers and its expansion in the gaming industry pans out, these low stock rates may not last long.