If you bought Netflix (NASDAQ:NFLX) stock at the start of the current recovery, when the price of the shares was in the mid-teens, you are sitting on a gigantic capital gain, as Netflix stock is currently worth more than $360 per share.  

You may also be suffering from vertigo because Netflix stock peaked at over $400 per share in July and then fell below $340 per share, before starting its latest rally which began in August.  

The fall of NFLX stock came on fears about slowing subscriber growth, while the latest uptrend was sparked by analysts who told traders to exploit the lower prices. Additionally. AT&T (NYSE:T) CEO Randall Stephenson recently compared Netflix to Walmart (NYSE:WMT), which, as Zacks noted, reaches so many U.S. consumers.  

Although NFLX stock has been rallying lately on bullishness about its longer term outlook, it does face technological and macroeconomic threats.