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I'm also looking at Netflix. Netflix is just really hanging out right here. And you know what? With this time count going on on the spiders, I'm going to go ahead and just jump into a long here on Netflix.

It's been lingering down here, but we do have a 10-minute bottoming candle. So, we're going to give this a roll. See if we can't get a little bit of a pop.

Moving on to Netflix, the week began at $81, and the stock faced resistance, falling by approximately 4% to end the week at $78 . The company is raising its prices in the UK for the second time this year.

Therefore, the UK is facing an additional 33% price increase compared to just a few months ago. We'll see how this affects the cancellation rate . If people don't cancel their subscriptions, Netflix will continue to raise prices, but we'll see that clearly when the company announces its earnings.

Well, your third name that you brought up today has suffered a bit this year . We're talking about Netflix here. It is perhaps the least defensive of the three. So how do you view Netflix and what drives the opportunity here?

Well, I mean their revenues, they announced revenues of $12.5 billion with expectations of doubling advertising revenues, which sounds pretty good here. Their core advertising category growth engine will double to 3 billion this year, and as I said, enforcing separate emails for profiles is driving viewers to more paid accounts.

Their expansion into live sports looks very promising. The highly anticipated NFL holiday games provide them with a huge advertising inventory, and I think at the moment their low valuation, trading well below historically high levels, means we'll probably see Netflix start to move noticeably closer to the end of the year.

Today we have veteran “Fools,” Jason Hall and Rick Monarez, to evaluate a traditional favorite stock on a 1 to 10 scale, which is now close to its 52-week low at the time of recording this episode. It's Netflix stock, and its symbol is "NFLX".

We will try to determine if it is a good time to buy some shares. We will start by examining Netflix's business strengths, including factors such as industry and competition. Yes, did the late fees incurred from Reed Hastings' rental of "Apollo 13" really give birth to Netflix more than two decades ago?

No no. This has been largely refuted as mere media propaganda. However, Hastings and his team created a remarkable local distribution system for DVDs , shocking the world with a radical 180-degree shift towards live streaming about 20 years ago.

With approximately 325 million paying subscribers worldwide, it is a leading company with the advantages of scalability. I love invisible trenches , and I can't lie, but it's still a highly competitive market.

The next stock that I think is a great buying opportunity is the streaming pioneer Netflix. I calculated a fair value of the business at $129 and the current market price is $82.

Based on this difference, I calculated an upside here of 59% for Netflix over the next 12 to 18 months. One of the more bullish factors is the streaming tailwind. Consuming content via a streaming subscription is so much more convenient than over a cable or satellite subscription.

That's causing every year millions of people cancelling their cable and satellite subscription and moving to streaming exclusively.

Okay, number three of these four stocks is Netflix. This stock is running, man. This stock is up 12.6% just in the past month. It is running. It's $81 stock as of right now when it comes to Netflix.

I don't need to explain it. The business model Netflix, you know why? Cuz I bet you the far majority of people watching this video right now, you're a Netflix customer. I would also say almost every single person watching this video right now is aware of Netflix.

Even if you're not a Netflix customer, you're aware of it. It's not like you're like, I never heard of that before, right? Super famous, one of the most famous companies in the world, right?

Netflix. All right, so here's one of the biggest reasons that I never ever ever want to trade through earnings. So, Netflix got a buy signal running right up into earnings. And then what happened after earnings?

Earnings it it fell by 11% after this April earnings. And then the sell signal came. And then it just went down and down and down and down and down and it literally went down the entire quarter. The entire quarter it went down.

Moving on to Netflix, started the week at 80 bucks. shares continue to drift higher, up 1.9% this week at 8172. The company might add other rival streaming services to the platform.

Peacock and others. I thought this was an interesting, this is probably something I'm sure that's been floated in a meeting. The only thing advantage I think it could give to Netflix, and I don't know if this is true or not, but Netflix could actually gain insight into some of what is working on some of these other platforms.

Think about it. If you can log into Netflix and you can watch Peacock and Amazon Prime and whatever you want, well, Netflix retains some of the data of what you are watching and they can design programming and advertising around you.

And so I actually think that would be kind of interesting if Netflix ends up doing this. My guess is this is just a rumor.

Still holding up on stocks like uh Meta and Netflix up a couple percent.

Oh, look at Netflix. What a rejection that is. Oh my gosh. It's two It's literally to my line to the exact penny. That was a bottom over here in January 25, April 25. Uh, and then at some point I must have added it again.

But, uh, that's a pretty remarkable rejection right there to the penny on our line. You know what that deserves? That deserves making that gray line. Honestly, that was so good to the penny.

I'm going to go straight to blue on that. And we'll go ahead and thicken that up a little bit. Lock that into place. That just became a juicy breakout line right there for uh Netflix, which is good.

Netflix may become a streaming hub, meaning you may be able to sign up for services like Peacock through your Netflix interface.

A lot of investors are confused whether or not this is a good or bad thing for Netflix.

Now, moving on, we get to some rumored news that Netflix may be turning into a platform where they host different streaming services like Peacock or Fox One.

Netflix and Spotify put up Netflix. Credit to me and I think you you're still in this. I bought it the day after earnings at 67. I'm now only down 9%.

I am now above water with all my average downs. I stuffed it out. I am not I am not walking away. I think that this is the most misunderstood stock in its sector. Spotify trades very similarly to Netflix.

You and I both uh bullish on this name. Uh I bought I bought an added. I bought an added bought more last week and added yesterday. So, I bought it last week. I think I nailed the timing beautifully.

I do have a stop in on Spotify, not Netflix, but Spotify. Um, I don't want to marry this thing, but I have to tell you, I think it's one of the best businesses in media. I know we did this whole conversation last week, so I won't repeat it.

Um, but just a shout out because these stocks are grinding back. They're not ripping. They're not on the best stocks in the market list. Nobody's talking about them, but they are literally grinding off those lows. and I like to see it.

Pershing Square opened four brand new positions this quarter: Netflix, Visa, Mastercard, and S&P Global.

And what's notable is that each one landed pretty much at 5% of the Pershing Square portfolio. So, this definitely reads as a bit of a rotation into, you know, a cluster of dominant businesses as opposed to Ackman having one big swing this quarter like sometimes he does.