How To Trade Netflix Post-Earnings (NFLX, CSTR)

As Benzinga readers know, Netflix NFLX soared today in pre-market trading and continues its double-digit growth, hitting levels over 14% over Wednesday's market close. Netflix's earnings reported profits of $0.87 EPS as Benzinga reported. Oppenheimer maintained Netflix's Outperform rating, raising its price target to $230 from $200. Even more notably, Forbes. With the frenzy expected from Netflix's earnings announcement, some investors were ready to push the "sell" button yesterday, as CSTR is also up this morning with an increase of 1.36% at the time of posting from Wednesday's market close. Trading a stock with more stability may be a more secure bet.