Netflix, Inc., has proven resilient during the ongoing global trade war thanks to its international integration, subscription-based model, and economic resilience. Households would give up many discretionary expenses before sacrificing Netflix. One of the larger constituents of the major indices, Netflix has materially outperformed year-to-date, outpacing the S&P 500 by almost 18% and the slightly more tech-heavy Nasdaq 100 by more than 20%, 7% this week alone, ahead of earnings, which they report post-close today, April 17th.
