This month, I started a new position in Netflix (NFLX) by adding 12 shares. I decided to invest because I believe the stock is currently trading at a fair valuation, especially considering its long-term growth potential.
I expect advertising revenue and the continued expansion into live streaming to be major growth drivers over the coming years. On top of that, Netflix generates strong free cash flow, allowing the company to continue investing in high-quality original content while also buying back its own shares. As a shareholder, that's exactly the kind of capital allocation I like to see. i will continue to buy the share in de coming months if the price is right.
I also increased my position in SPPW (SPDR MSCI World ETF) to bring it back to around 30% of my portfolio, helping me maintain a well-balanced allocation. ( i'm currently at 18%, so there's still some work to be done)
Lastly, I added more shares of dLocal (DLO). In my opinion, the stock is currently undervalued, and I expect the upcoming earnings call to be positive.
