Netflix Joins the 200 Club

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by: Bespoke Investment Group

Netflix (NASDAQ:NFLX) became the newest member of the Russell 3000 $200 club as the stock managed to rally all day in the face of an otherwise weak tape. With the stock now eclipsing that level, there are now 18 stocks in the Russell 3000 with share prices in excess of $200 (Berkshire Hathaway (NYSE:BRK.A) is not in the Russell 3000). Will Amazon.com (NASDAQ:AMZN) be the next stock to join the list?