BUZZ-Netflix eases after announcing $1 bln investment in Mexico

** Netflix NFLX.O on Thur announces $1 bln investment to produce ~20 films and TV series annually in Mexico over next 4 years; stock down ~2%

** Dip in NFLX shares follows a record high close on Feb. 14, and stock remains up ~17% since the co reported record subscriber gains on Jan. 21

** NFLX has history of successful Mexican productions, including "Roma", "Club de Cuervos" and "Pedro Paramo," and co plans to collaborate with Mexican movie studio Estudios Churubusco ** NFLX stock has gained about 15% YTD, outperforming Nasdaq .IXIC's 3% rise ** NFLX stock recently traded at 41x expected earnings, above its 5-year avg forward PE of 38, per LSEG data