Trump Acquires $100 Million in Bonds, Including Netflix and Warner Bros Discovery
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Yahoo Finance
- Bond Investment Scale: Trump disclosed purchasing approximately $100 million in municipal and corporate bonds from mid-November to late December, including up to $2 million in Netflix and Warner Bros Discovery bonds, indicating confidence in these companies.
- Portfolio Diversification: The bond purchases primarily consisted of municipal bonds from cities, local school districts, utilities, and hospitals, while also including bonds from Boeing, Occidental Petroleum, and General Motors, further diversifying his investment portfolio.
- Policy Impact and Conflict of Interest: Trump stated in December that he would have a say in whether Netflix can proceed with its proposed $83 billion acquisition of Warner Bros, raising concerns about potential conflicts of interest, especially with a competing bid from Paramount Skydance.
- Independent Management Statement: A White House official noted that Trump's stock and bond portfolio is independently managed by third-party financial institutions, ensuring that neither Trump nor his family can directly influence investment decisions, aiming to alleviate concerns regarding his investment activities.
Analyst Views on NFLX
Wall Street analysts forecast NFLX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NFLX is 139.13 USD with a low forecast of 95.00 USD and a high forecast of 160.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
36 Analyst Rating
28 Buy
7 Hold
1 Sell
Strong Buy
Current: 88.050
Low
95.00
Averages
139.13
High
160.00
Current: 88.050
Low
95.00
Averages
139.13
High
160.00
About NFLX
Netflix, Inc. is a provider of entertainment services. The Company acquires, licenses and produces content, including original programming. It provides paid memberships in over 190 countries offering television (TV) series, films and games across a variety of genres and languages. It allows members to play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time. The Company offers members the ability to receive streaming content through a host of Internet-connected devices, including TVs, digital video players, TV set-top boxes and mobile devices. It is engaged in scaling its streaming service, such as introducing games and advertising on its service, as well as offering live programming. It is developing technology and utilizing third-party cloud computing, technology and other services. The Company is also engaged in scaling its own studio operations to produce original content.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
