What happened Shares of Netflix (NASDAQ: NFLX) rose 37.2% in the first six months of 2019, according to data from S&P Global Market Intelligence. The digital video service operator's shareholders can thank a stellar fourth-quarter report for almost the entire jump. So what Netflix started the year with a bang, absolutely crushing Wall Street's expectations in the holiday quarter of 2018. Analysts and other market watchers started noticing that Netflix's fourth-quarter results should come in strong, boosting their recommendations and price targets in the first half of January. The company also raised subscription prices along the way, which lifted share prices by 7% in a single day. Market makers love the sound of rising revenues. The fourth-quarter report delivered on these promises, showing the addition of 8.8 million net new subscribers globally. The stock has been trading largely sideways since that momentous report, essentially keeping pace with the broader market since the end of January. Image source: Netflix. Now what That's not to say that Netflix has been quiet. The company took home four Oscar awards in February, cementing its status as a credible creator of strong long-form content. April's first-quarter report highlighted another 9.6 million new subscribers and a renewed focus on international content. Meanwhile, a plethora of industry rivals -- often current or former collaborators -- announced their own video streaming platforms. A lot of the most popular third-party content in Netflix's video library is now headed for other shores, including blockbuster hits like Friends and The Office. These announcements were all more or less expected, reflecting the sea change that's going on in this maturing digital video market. The ups balanced out the downs, and the stock stayed relatively stable. Netflix is trading roughly 10% below the all-time highs that were set last summer. Next week's second-quarter report may stir the pot again, depending on how the results measure up to Wall Street's expectations. 10 stocks we like better than NetflixWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Netflix wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Anders Bylund owns shares of Netflix. The Motley Fool owns shares of and recommends Netflix. The Motley Fool has a disclosure policy.Source