Will Netflix see further gains this year as lockdown restrictions gather pace?
Netflix saw strong gains this year as a ‘stay at home' stock which benefitted from COVID-19 lockdowns. Over the last 15 years Netflix has gained 13 out of those 15 years between January 13 and February 12. The average return has been +17.02% and the largest return was a whopping +72% in 2013. The largest loss was -17.98% in 2016.
The main risk to this trade is if US stocks move lower on risk aversion.
Another key risk is the lifting of lockdown measures.
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