JPMorgan Chase: Streaming giant Netflix still has room to grow.

The streaming giant Netflix is on a winning streak, having risen for 11 consecutive days, which is the longest continuous upward trend in the company's history. Its stock price rose 2% on Friday. Since its IPO in May 2002, the stock price is currently at its all-time high. Morgan Stanley said on Thursday that they expect Netflix's stock price to continue to rise. Analysts wrote, "Netflix has firmly established its leading position in the global streaming industry and is moving towards becoming a global TV giant... Advertising revenues in May should be a positive factor driving its stock price up."