Want to know why?
Well, Netflix is the best-performing stock during the last decade.
Let me make it easy for you.
$1 million investment on Netflix on Jan.1, 2010 would have yielded nearly $43 million now.
The company has more than 60 million customers in the U.S. and about 90 million outside of North America.
Will it be a good bet on Netflix in 2020?
Well, with other streaming services like Disney+ undefined, Apple TV+ (AAPL) - Get Apple Inc. (AAPL) Report, Peacock (CMCSA) - Get Comcast Corporation Class A Report, etc. being in the picture, it's going to be hard to tell now.
Analysts across Wall Street continue to debate how the streaming giant will fare with competition set to increase going forward.
While some wonder if Netflix will be able to manage churn amid numerous hits from Disney+ including the Star Wars prequel series, The Mandalorian, in a recent Real Money column, TheStreet and Real Money tech columnist Eric Jhonsa noted that Neflix has a key advantage heading into 2020.
For the first time ever, Netflix broke out international subscriber numbers by region, leading Jhonsa to note that the Asia-Pacific region could be an oyster that Netflix is ready to crack. Asia-Pacific paid subscribers grew 62% in 2019.
"The stage appears set for Asia to become a vital contributor to Netflix's global subscriber growth. Likely to help the company's cause: Its large original content investments in markets such as Japan, South Korea and India, and its rollout (starting with India and Malaysia in 2019) of cheap mobile-only plans within emerging markets," Jhonsa wrote.