Netflix Inc. (NFLX)

It's her least favourite stock in the original FANG, because there's a ton of competition in this space: Apple, Disney, Paramount, HBO, NBC, etc. She thinks people still start culling all their streaming subscriptions. Also, their new slate of content will mean huge costs. As competition increases, it'll hurt Netflix's margins. It comes down to subscribers, a number they really missed last quarter. Their guidance is only 1.5 million new subs.

The story is getting better, not worse. Expected to reach cashflow positivity in the near future. Content is now critically acclaimed. Catalogue is much bigger than Disney's. Hold until there's no more cable TV. No dividend. (Analysts’ price target is $591.39)

Movie theatre business is done. It's all about NFLX and DIS. Best service, local language products. No one's going to catch them. Margins will grow and earnings will increase dramatically. Wishy-washy in the short term, but very bullish long-term. No dividend. (Analysts’ price target is $609.50)

Disney vs. Netflix They had a killer quarter and guidance. The stock hit a new high. There are a lot of things firing. Disney+ is less than 10% of overall sales, but they have a great opportunity to monetize those viewers. Near-term, NFLX is a buy. Disney will catch up in many ways. Also, it's a big mess with all the cable unbundling that will lead to a massive rebundling. Maybe NFLX will take advantage of that in coming years.

NFLX vs. DIS DIS needs the economy to open again, as 2/3 of their business is from theme parks. Though an open economy negatively impacts streaming. Comes down to Disney vs. Netflix. For full consumer coverage, he would choose Disney. Netflix is the choice on the content streaming front long-term.

Streaming continues to be strong this year from 2020. Doubters felt streaming was a zero-sum game, but that isn't so. Money migrated to Roku from Netflix and other streamers. Roku was up 150% in 2020. But last night, Netflix reported a huge paid subscriber additions beat, so the streamers are not going away. NFLX shot up almost 17% today. Netflix also said they're getting close to breaking even in free cash flow, so they can pay down debt, fund their content and maybe even buy back shares.