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Buy Netflix


As of a couple of days ago, Netflix stock was trading at 25% of its 52 week high and historic peak value in October 2021. Netflix has lost 75% of its market value in the past seven months. The peak share price of Netflix was about $700 for a market capitalization of about $315B. The bottom share price of Netflix recently was about $166 on May 11, 2022. Last week, Netflix closed at around $177 a share for a market capitalization of about $79B. 

TakeSlap serves food for thought. We toss words together to slap your brain into innovative thinking. Consume it at your own risk. Take it with a grain of salt as a free sample of Slap Consulting. Share it with friends and frenemies. We're all in this feast together. Enjoy.

Valuation

No one knows much about valuation these days. If experts really knew about valuation Netflix would not have been valued at $300B seven months ago to be valued about $80B today. 

We think that Netflix was overvalued then, and is undervalued today. Do yourself a favor. Buy some Netflix stock today. Check back with us a year from now.

Smoking Boredom

Bet on boredom. People are bored and will continue watching TV. Netflix is the best form of TV today. Netflix is down because it lost subscribers. However, you can bet that Netflix will find a way of gaining subscribers back. Netflix can add short ads like YouTube and no one will give a fudge. 

We think that Netflix will be higher a year from now. We bought at $250 and re-bought at $195. We are down and waiting for it to go back up.

If you want to consider other investments and don't mind evil companies, the tobacco companies are good stocks for you. Economic "losers" will continue smoking. A recession will bring more economic "losers", and thus more smokers. 

Hedge

Don't spend every day worrying about inflation, gas prices, baby formula, Ukraine, Trump, Putin, Biden, Musk, and the global circus or the fake crisis of the day. The news will always find that the sky is falling. Politics shifts left and right. The economy swings up and down. 

Winners win. Successful leaders and successful companies will find ways to thrive and profit in any political and economic environment. Find the winners. Bet on them. We think Netflix is a winner. Apple is a winner. There are many other winners. Not sure about Tesla under Elon Musk because he seems to be losing his mental health. 

You will be burned in some purchasers, but you will hopefully make money on others. Hedge your investments by investing in well diversified ETFs that track index funds. Investing is easy. Diversify and look for value (quality) that appreciates over time. Don't try to get rich quick. You have plenty of time. 

Buy 

Buy and let buy. Buy low, sell high. The stock market is down and discounted today because investors are forecasting a recession. Stocks may continue going down, but eventually they will go up again. This is the time to buy stocks at discounted prices. The time to sell will come later when everything gets back to record highs. 

Only pick individual stocks for fun. That is what we did with Netflix just to see if we are right or wrong. Of course, we invested an amount of money that we are willing to lose. Netflix does not represent more than 1% of our portfolio. It will simply be fun to see the stock gain some momentum by the winter when people are bored and binge watching TV during long nights at home. 

Food for thought. What do you think? 

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