Netflix Inc. (NFLX)

Their last report stated strong interest from advertisers--they can target ads as well as anyone. Also, NFLX dominates viewing, taking 20% of streaming time and 8% overall of TV viewing time for Americans. We continue to pivot more into streaming. NFLX has beaten the top-line for 4 straight quarters. They deserve the benefit of the doubt.

It is a cheap player but you can use an alternative one. If it can increase prices then you can get some operating leverage but customers may just leave  in that case.

Excellent trend line. Would recommend buying. Strong company with great pattern. Quality company that has consistently had momentum. 

First-mover advantage plus best content library. Rolling out new revenue models. Biggest catalyst to growth is cracking down on password sharing. Market focus is on new subscribers, and they keep beating. In his momentum fund, holding onto this category killer as long as its key performance indicators are intact.

Great idea. 12-month price target of $828, decent runway. Will benefit from model training that's specific to certain industries. So instead of spending 15 minutes trying to find a movie to watch, the algorithms will actually cater to what the viewer's needs and wants are. Great example of where applications will be company-specific on the entertainment side.

Model training is happening right now but he really feels that, looking out 1-3 years, NFLX will be a great beneficiary.

He trimmed it this morning, but remains a large holding. He needed to pare it back. Doesn't care that a hedge fund is shorting it. Shares are a little ahead of themselves.

They remain the stop streaming. They had a head start producing company which is their moat. Other streamers like Disney+ are a distant second. But doesn't know what price to buy at. The PE needs to be a lot lower, though. Loves the company, not the stock.

A great example of a company that has been able to capture leader position in the market. Competition proving inability to compete. Would recommend holding, or buying on share price pullbacks. Ability to generate infinite content very strong. Business model very strong. 

He sold some excess, but likes it. They are the survivor and leader in streaming. They can still leverage pricing. And it's not expensive. It remains a core position.

They continue to hit on all cylinders: ad commitments are up 150% YOY, the ad tier is working, so is the password crackdown. Live sports is also working while their content library is strong.

In 2022, their cash flow went positive, and they will generate $10 billion free cash flow in 2026. They continue to grow revenue at 15%. Strong momentum.

The chart looks good. It is attempting to break through the old point of resistance.

Momentum was jump-started 3 quarters ago with excitement over them streaming live sports, namely NFL. $735 price target today by Wall Street is actually too low.

He's never owned it, but would have no problem doing so.

Absolutely buy at current levels. Stock fell on Friday after reporting very strong earnings on Thursday. Goes to show that predicting what a stock will do after earnings is a waste of time. The streaming wars are completely over; all across the globe, streamers are reducing their spend and starting to sell their stuff to NFLX.

Still very reasonable value, compared to taking your family out to a movie which costs a fortune. Will continue to add amazing programming. Thinks stock will earn ~$20 a share this year. Believes it can continue to grow at double-digit rates for a long time. New subscribers, raising prices, adding new service lines. For him, a stalwart.