- Everybody Trades
TRADE: Starting new Netflix position
Continuing my #ForgetItMoney theme from the podcast, #NFLX has reached attractive levels. I don't even use my Netflix account that much, but do you think I'm cancelling? Heck no. And I was rewarded with an Arrested Development binge yesterday. The company's software and user experience keeps getting better, as far as I can tell. The fact that my parents use it often tells me a lot. Cord-cutting is also an obvious trend that helps Netflix.
Price: 382.07
Weight: 3.3%