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Speaker 1: Earners. What's up.

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Speaker 2: You ever walk into a small business and everything just

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Speaker 2: works like The checkout is fast, the receipts are digital,

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Speaker 2: tipping is a breeze, and you're out the door before

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Speaker 2: the line even builds. Odds are they're using Square. We

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Speaker 2: you time back so you can focus.

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Speaker 1: On what matters most Ready.

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Speaker 2: Let's Square handle the back end so you can keep

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Speaker 2: pushing your vision forward. This episode is brought to you

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Speaker 2: by P and C Bank, a lot of people think

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Speaker 2: podcasts about work are boring, and sure they definitely can be,

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Speaker 2: but understanding of professionals routine shows us how they achieve

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Speaker 2: banking with P and C Bank. It might seem boring

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Speaker 2: P and C Bank National Association member FDIC.

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Speaker 3: Talking about another hot investment, Netflix, one of the best

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Speaker 3: performing stocks this year, said that in twenty well, it's

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Speaker 3: said that their ad supported tier will double revenue this year.

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Speaker 3: So is that a signal that the stock will have

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Speaker 3: a continuous run or when we see some pullback because

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Speaker 3: it's already going up almost three the last couple of years.

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Speaker 4: I mean, they are the pre eminent platform to have

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Speaker 4: content on. They are the HBO of our era, and

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Speaker 4: I don't think they get enough credit for how well

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Speaker 4: they have run that business.

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Speaker 1: The fight was pretty good. That was on last weekend.

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Speaker 4: The WWE edition, possibly the UFC edition has helped a lot.

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Speaker 4: I just think they've run this business incredibly well, and

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Speaker 4: then if they can find a way to double and

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Speaker 4: then maybe even triple in three or four years, that

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Speaker 4: ad support the tier. Why having premium content and a

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Speaker 4: premium price, I don't see even I have all the

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Speaker 4: other subscriptions to have Prime and Max or HBO Max

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Speaker 4: whatever it's called.

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Speaker 1: Now, no one's better.

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Speaker 4: The only competition probably is Google Slash YouTube, and I

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Speaker 4: think there are leaps and bounds in terms of quality

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Speaker 4: of content, so more. They have a pullback, for sure,

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Speaker 4: but I don't think it's a pullback that will go

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Speaker 4: into correction territory.

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Speaker 1: If I can get them.

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Speaker 4: At I don't know, probably a ten percent drop from here,

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Speaker 4: I'll be happy. But this stock has done incredibly well,

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Speaker 4: and that that management has to get a lot of

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Speaker 4: credit for doing well and just kicking apples back in

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Speaker 4: on that side of the business as well.

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Speaker 2: Yeah, yeah, and I know people, we are a little confused,

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Speaker 2: and we've gone over this a few times. A company

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Speaker 2: reports its earnings, it beats on every line revenue, earnings

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Speaker 2: per share, pre cash flow, operating income, and beat on

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Speaker 2: all those lines, and the company still sees the So

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Speaker 2: the stop pullback of like five, what you have to

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Speaker 2: take into account is where it came from. And so

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Speaker 2: if you look at December when it was sitting around

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Speaker 2: eight forty currently training over twelve hundred dollars, it's had

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Speaker 2: a nice run up here.

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Speaker 1: The problem is it might.

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Speaker 2: Have run up too high fast, too fast, and so

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Speaker 2: what you'll see is people take profit, and that's fine,

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Speaker 2: that's part of the game. I don't see a correction

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Speaker 2: happening for it. Like you said, it's the leader in

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Speaker 2: the space. It's going to continue to be the leader

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Speaker 2: in the space, and I still think it has room

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Speaker 2: for expansion. In terms of yes, America is a dominant market,

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Speaker 2: but there's still countries, there's still areas and regions that

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Speaker 2: do not have this service, and you could try to

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Speaker 2: replicate it. Nobody's done it successfully. In terms of competitors, yes,

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Speaker 2: Disney has been there. In terms of the amount of subscribers.

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Speaker 2: I know Netflix is no longer sharing their subscriber account,

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Speaker 2: but Disney has a problem. We talked about it and

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Speaker 2: hopefully they'll solve it. In terms of live sports and

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Speaker 2: ESPN and how that was a debt trap for them,

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Speaker 2: and Netflix has solved it. In fact, they've actually added sports.

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Speaker 1: Like I said that absolutely.

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Speaker 2: And you know they just signed they just signed Max

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Speaker 2: Killerman No way what. Yeah, so Max Killerman is now

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Speaker 2: on Netflix for boxing and they're gonna have the number

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Speaker 2: one part. Yeah, we're just months away from it. It's

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Speaker 2: gonna be by far the most watch fight of all time.

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Speaker 2: They have that under their belt. Obviously they're doing football.

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Speaker 2: We'll see what they can do in terms of college sports.

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Speaker 2: I know T and T signed college football, but who

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Speaker 2: knows what happens with college basketball the way things are looking, so, yeah,

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Speaker 2: Netflix is here to stay.

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Speaker 1: I'll be surprised the next year they don't split.

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Speaker 4: I was just gonna ask it is it time for

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Speaker 4: a split? I mean because they're fifty two week low

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Speaker 4: was what five eighty eight, five eighty seven five? Yeah,

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Speaker 4: the highest thirteen forty one. I think it may be

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Speaker 4: time for a split. I'm sure the shareholders who have

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Speaker 4: been there for ten to fifteen years may not want.

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Speaker 1: It, but be time. It may be time. Yeah, it's

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Speaker 1: run that hot.

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Speaker 2: And so now that the evaluation for the company has

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Speaker 2: risen to a point where who else in the space

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Speaker 2: has that type of valuation. Nobody's near them. Yeah, it

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Speaker 2: might be a time. It might be time for Shaw.

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Speaker 4: Do you think that should split or they should keep

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Speaker 4: the price where it is currently?

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Speaker 3: Yeah, I think I think the split would be helpful,

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Speaker 3: especially if it gets close to that two thousand dollars range.

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Speaker 1: Fifteen hundred. Yeah, gotta gotta look it at for sure.

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Speaker 4: Yeah, just a couple of steps on Netflix free cash

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Speaker 4: flow eight point five billion. Let's see altman Z score,

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Speaker 4: which I've talked about at vest FASTIL last year. But

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Speaker 4: it's the probability of them going out of business for

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Speaker 4: bankrupt thirteen out of one hundred, almost impossible. Beta is

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Speaker 4: one point sixty two fifty two week high. Like I said,

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Speaker 4: it's thirteen forty one. The stock has just been on

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Speaker 4: a absolute tear, especially in that industry. Both margin is

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Speaker 4: forty eight percent, their operation margin is twenty nine percent.

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Speaker 4: They're netting twenty four for a cost heavy and I

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Speaker 4: remember when the conversation was it is investing in premium

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Speaker 4: evergreen content going to collapse them and they just found

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Speaker 4: a way.

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Speaker 1: They figured it out to be better.

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Speaker 2: Yeah, they figured out how to get content at a

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Speaker 2: lower price there, you know what it reminds me of.

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Speaker 2: And it's starting to feel like when we were watching

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Speaker 2: Video report and it is good good it's not good

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Speaker 2: enough anymore.

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Speaker 1: Like great is not good enough? They're so great?

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Speaker 2: Yeah yeah, And to see it pulled back after it

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Speaker 2: beat on everything is one of those times where it's like, hey,

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Speaker 2: yeah they beat I know. Operating clash flow is something

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Speaker 2: that they were big on and it still beat it. Yeah,

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Speaker 2: it only beat it by three million, four hundred million,

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Speaker 2: but it's still a beat.

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Speaker 1: Right.

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Speaker 2: If you're not if you're not growing, then your declining

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Speaker 2: and they've grown. And so it's just one of those cases.

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Speaker 2: It is good, good enough, It is great, good enough

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Speaker 2: that I'm with them long term.

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Speaker 4: Good signed Fidelity at a one point three million shares

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Speaker 4: in March as well too, So if you want to

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Speaker 4: see what the whales are doing, them in State Street

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Speaker 4: of add its shares. So maybe a pullback if it

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Speaker 4: ever gets back to definitely nine hundred range.

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Speaker 1: But if we get to.

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Speaker 4: I don't know, eleven eighty eight, which sounds crazy, it

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Speaker 4: should be a good entry point into the stop if

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Speaker 4: you have not been investing into it.

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Speaker 2: And I gave a great ETF and everybody shout. Everybody

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Speaker 2: in EYOLU shot everybody that that was what it's in

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Speaker 2: the class on Thursday. If you look up which ETF

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Speaker 2: has the largest allocation to Netflix, you will find that Fdno.

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Speaker 1: It's a good ETF to perform well for us this year.

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Speaker 2: If you can't get a share of Netflix at twelve hundred,

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Speaker 2: that would be a nice alternative.

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Speaker 5: An illegal alien from Guatemala charged with raping a child

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Speaker 5: in Massachusetts. An MS thirteen gang member from l Salvador

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Speaker 5: accused of murdering a excess. Man of Venezuelan charged with

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Speaker 5: filming and selling child pornography in Michigan. These are just

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Speaker 5: some of the heinous migrant criminals caught because of President

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Speaker 5: Secretary of Homeland Security. Under President Trump, attempted illegal border

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Speaker 5: crossings are at the lowest levels ever recorded, and over

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Speaker 5: one hundred thousand illegal aliens have been arrested. If you

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Speaker 5: are here illegally, your next you will be fine nearly

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Speaker 5: one thousand dollars a day, imprisoned and deported, you will

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Speaker 5: border and families will be protected.

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Speaker 1: Sponsored by the United States Department of Homeland Security,