Shares of Netflix (NASDAQ: NFLX) soared after the video streaming company posted strong fourth-quarter results and offered an upbeat outlook. The stock has nearly doubled over the past year, extending a winning streak that has made Netflix one of the past decade's biggest winners with a gain of more than 1,

Netflix shares have roughly doubled in the past year, setting a high bar for future growth as its market capitalization overtakes the valuations of rivals Disney, Comcast, Warner Bros. Discovery, and Paramount Global combined.

For the fourth quarter, Netflix reported revenue that grew 16% to $10.2 billion. The company also expanded its operating margin, which increased by 5