Is Netflits a Stock Trading at 51 Times Forward?

net flit is a stock trading at 51 times forward no, it's somewhat expensive for this market in the sense that if rates continue to drift higher. If we see some of these longer duration cash flow stocks get hit, netflits could get put into that bucket. Over the long term, i like the fact that the valuation continues to come down. They've shown that they're able to sustain strong revenue growth because they have pricing power. Doesn't necessarily affect the customer churn as much as you might thinkand i think if you use reasonable assumptions for revenue growth, even a valuation multiple down the line, for more mature company, i think there's reasonable upside in th stock.