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History shows the top-performing and most-reliable trade after a huge single-day plunge in Netflix is to wait a month until the dust clears before scooping up the stock.
Buying one month after a slaughter like we're seeing Tuesday in shares of the streaming company and then holding for one year was a winning trade more than 80 percent of the time, yielding an average return greater than 110 percent, according to Kensho, an analytics tool used by hedge funds.
If you buy Netflix at the end of trading Tuesday, there is a close to even chance the stock will be lower five days and one month out from now, the Kensho study shows.
Using Kensho, we found there were 31 occasions over the life of Netflix as a public company when the stock dropped 10 percent or more in a single day.
First, we ran the numbers to find out what happened if you bought at the close of those disastrous days. Here are the stats...