Netflix's upcoming third-quarter earnings report could be a bullish catalyst for its stock.Wall Street is gearing up for a fresh earnings season for the quarter ended Sept. 30. Companies will provide updates on their operating performance and offer forecasts for the remainder of the year, which can influence the value of their shares.Streaming giant Netflix (NFLX -2.29%) is scheduled to report its third-quarter results on Oct. 21, so it's one of the first tech giants investors will hear from. The company is ...

Netflix (NFLX 0.40%) has changed the media landscape, not once but twice. First it altered the way consumers rented DVDs and then it basically helped to create the streaming business. Both times it used a subscription model. And that model is what makes this company so resilient during economic downturns. It could be the perfect recession stock, but does that make it worth buying today?What does Netflix do?Netflix basically provides the software platform through which consumers can stream media. It charges ...