Why I'm Still Not Buying Netflix in 2023

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Jun 17, 2007
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Once upon a time, I was a Netflix (NASDAQ: NFLX) shareholder. The company hasn't been all that profitable on this journey (on a free-cash-flow basis), so it resorted to funding its content strategy with debt. Business model aside for a moment, I'm still not buying Netflix stock headed into 2023 even after a massive sell-off this past year.
 
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