Netflix Is Down 42% From Its High. Here's Why I'm Buying More.

Netflix (NASDAQ: NFLX) shares have dropped significantly, 42% from their 52-week high, despite concerns about slowing growth. The author suggests this downturn presents a buying opportunity, citing potential catalysts such as the company's surging ad revenue and aggressive share buyback program. With the stock trading at a relatively low multiple of 23 times forward earnings and growth catalysts in motion, the article argues for Netflix as a solid "buy the dip" opportunity.