Quote:
Originally Posted by fast4522
Time to dump Netflix, hopeful that their numbers will suffer.
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Netflix is one of the greatest companies of all time. It is a money machine, compounding at obscene rates of sales, subscribers, free cash flow, earnings, return on capital. An investor is able to check yes at every important investment metric.
It's one of just a handful of companies that has compounded sales, earnings and free cash at the double digit rates they have, and have done so consistently since going public.
Plus, the useless and hateful Obama and spouse are still very popular around the world, so Netflix is making a business decision as well as a political decision (if they are at all).
In a nutshell
fast4522, the numbers will not suffer. I am coming at this as a very long-term Netflix shareholder with zero use for the Obamas.
One could buy the stock right now and be very confident that in 3-5-10 years you will not regret the purchase. Despite going from $130 or so to $340 since I last mentioned this company in the finance room at OT-General, it is still very, very undervalued as I type this, fwiw.
