Netflix Gaining On High Volume Again Today (NFLX)

Shares of red hot Netflix NFLX have gained 2.27% to $111.27 today. This stock may be the strongest NASDAQ security right now. The S&P 500 has fallen nearly 8% this month, but NFLX has jumped over 12%. Year to date, NFLX has gained an unbelievable 102%. Since the company's IPO in May 2002, the stock has appreciated 1,215%. NFLX is currently trading at a forward P/E ratio of 31.74 and a PEG ratio of 1.72. Analysts are estimating that the company will report earnings per share of $0.70 for the current quarter. NFLX is due to report their earnings numbers on June 10. The median Wall Street price target on the stock is $92.00 and the high target is $130.00.