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3 Cheers & 3 Fears for NetflixNetflix’s recent earnings report was filled with some really great metrics around subscriptions and revenues, but it also contained some things only whispered.

Here’s the good and bad news…

Thank heavens for the FANG stocks.

We know them as Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX), and Google (NASDAQ:GOOG).

Together, along with Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL) (or what I’ve called the Tech Big 5 and the New York Times’ Farhad Manjoo calls the Frightful 5), they basically kept the S&P 500 and NASDAQ Composite afloat during 2015, and because of their huge runs, any of the crashing you hear in the markets is tamped down a bit for these guys.

But now it’s earnings season, and Netflix’s report revealed much, both good and bad.

Is it still a buy?

Let’s examine these three cheers and three fears for Netflix and find out…

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