Tech

The New York blizzard is a 'buy' signal for Netflix

The 2017 blizzard may be causing pain for a lot of people up and down the East Coast, but there's one group who should be happy: Netflix shareholders.

Since 2010, 28 storms have dumped more than 4 inches of snow on New York City. On average, Netflix stock has closed up 1.72 percent at the end of the next day of trading, with 62.07 percent of trades being positive, according to market analytics system Kensho.

That's a better performance than Domino's Pizza (up 0.81 percent), and Nymex heating oil and natural gas contracts (up 0.78 percent and 0.71 percent respectively).

Netflix also performs well during bigger storms: On the days after a snowfall of at least 6 inches on New York, it rises an average of 2.15 percent.

Disclosure: NBCUniversal, parent of CNBC, is a minority investor in Kensho.