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Investing in Netflix

One of the stocks I currently own is Netflix (NFLX). I bought into Netflix at just over $25/share and it is now up a little over 30%. This was definitely the best investment I made since the market started tumbling at the end of last year. I wouldn’t necessarily recommend that you purchase into the stock on a short term basis but I still thing it is a strong long term investment. I wouldn’t be surprised if the stock pulled back another 10% to 15% in the short term, it has moved up pretty quickly since the end of January.

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