Netflix Posts a Blowout Quarter but Don't Forget About Its Valuation

Netflix (NFLX) - Get Report reported a blowout quarter, but it may not be the best time to rush into the stock given its lofty valuation.

That's the assessment from John Eade, president of Argus Research.

As for financials, Goldman Sachs (GS) - Get Report and JPMorgan Chase (JPM) - Get Report posted lackluster quarterly bond trading figures, though Eade expects the banks to benefit from a rising interest rate environment.

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