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THAT$2.5 MILLION BUGATI TEST
GOES.
I JUST TEST-DROVE IT.
I DIDN'T DO 255.
I DIDN'T DO TOO BAD, THOUGH.
LIFE AS I KNOW IT IS OFFICIALLY
OVER.
LET'S GO TO KAYLA TOSH ON
"STREET SIGNS."
KAYLA?
>> EXACTLY HOW FAST DID YOU GO
IN THAT BUGATI?
>> I OBEYED ALL STREET SIGNS.
>> NEW HIGHS IN THE S&P 500.
BREAKING 1700 FORT FIRST TIME.
IT'S SITTING JUST ABOUT FOUR
POINTS ABOVE THAT 1700 LEVEL.
THE DOW ON A YEARLY PERCENTAGE
GAIN SINCE 2003.
TRIPLE DIGITS AFTER A PANOPLEA
OF POSITIVE DATA.
WHAT ARE YOU WATCHING?
>> IT'S VERY SIMPLE.
WE'VE BEEN PROMISED ALL YEAR
THAT THE SECOND HALF OF THE YEAR
THINGS WOULD BE BETTER, EARNINGS
AND THE ECONOMIC NEWS.
LET'S TAKE A LOOK.
THE MOST IMPORTANT PIECE, THE
FIRST PIECE OF DATA.
ON THE SEC HALF OF THE YEAR,
MANUFACTURING TURNED OUT TO BE
PRETTY GOOD HERE.
MANUFACTURING IS REBOUNDING NOT
JUST TO THE UNITED STATES BUT
IT'S ALSO REBOUNDING ELSEWHERE
IN THE WORLD.
U.S. AND CHINA, THEY SAID
INTEREST RATES WOULD BE LOW IN
EUROPE FOR A WHILE.
THE BIG THING IS CAN WE TAKE
RATES OVER 2.7%.
THAT INTEREST YIELD HAS BEEN
MOVING UP AND YET THE STOCK
MARKET HASN'T BEEN FALLING
APART.
WE'RE RIGHT NEAR THE RATES WE
WERE AT THE BEGINNING OF JULY.
THE QUESTION IS, CAN WE TAKE THE
HIGHER RATES?
HERE'S WHAT'S GOING ON.
LOOK AT THE TREND THAT'S
HAPPENING HERE.
THE ADP REPORT ON WEDNESDAY CAME
OUT STRONGER THAN EXPECTED,
RATES ARE HIGHER, STOCKS ARE UP.
THE ISM, STOCKS ARE UP, RATES
ARE HIGHER.
WE HAVE A TREND.
AND WHAT ABOUT THESE?
IF THAT HAPPENS THERE, IT WILL
INDICATE THE STOCKS ARE
COMFORTABLE WITH HIGHER INTEREST
RATES.
WE'RE AT A VERY IMPORTANT POINT
IN THE STOCK MARKET RIGHT NOW.
GUYS, BACK TO YOU.
>> THANK YOU VERY MUCH.
WE AGREE, AND REMEMBER, THAT BIG
JOBS NUMBER IS OUT TOMORROW.
SHOULD BE A BIG DAY TO CAP OFF A
BIG WEEK.
PERHAPS NO GROUP IS AS HOT
AS TECH.
WHO HAS BEEN THE HOTTEST OF THE
HOT?
YOU'RE LOOKING AT THE THREE BEST
PERFORMERS IN THE NASDAQ 100.
TESLA, NETFLIX AND MICRON
TECHNOLOGY, INCREDIBLE RUNS FOR
ALL.
LET'S FIND OUT IF ONE, ALL OR
NONE OF THESE STILL DESERVE YOUR
MONEY.
JOINING US NOW, BARTON CROCKETT,
DREX LER HAMILTON, WE'RE GOING
BOOM, BOOM, BOOM.
ANDREA, LET'S START WITH YOU ON
TESLA.
WHY IS THE STOCK UP NEARLY 3% AT
HOME STILL GOOD FOR OUR VIEWERS
TO INVEST IN?
>> I THINK IT'S JUST A SHIFT.
PEOPLE STOPPED ASKING WHAT COULD
GO WRONG WITH TESLA AND THEY
STARTED TO ASK, WHAT COULD GO
RIGHT?
>> WHAT COULD GO SO RIGHT,
ANDREA, THEN?
UP 2.4% A YEAR?
SALES, 20,000 CARS?
YOU AND I TALKED ABOUT HOW YOU
VALUE THE COMPANY, WHETHER IT'S
A TECH COMPANY OR A CAR COMPANY.
THE COMPANIES YOU COVER OUTSIDE
OF TESLA, ANDREA, THEY'RE TECH.
YOU DON'T COVER GM.
>> THAT'S RIGHT.
SO TESLA IS BOTH.
THE CAR IS A PLATFORM WHERE
TESLA CAN SHOWCASE ITS
TECHNOLOGY.
AND THAT TECHNOLOGY RANGES FROM
EVERYTHING FROM THE THERMAL
MANAGEMENT SYSTEM ON THE LITHIUM
ION BATTERY PACK TO THE FACT
THAT TESLA CAN PUSH OUT SOFTWARE
UPDATES REMOTELY TO THE CARS
THAT THEN CHANGE THE HARDWARE'S
PERFORMANCE.
SO THE CAR CANIMPROVE OVERNIGHT
WHILE YOU'RE SLEEPING.
THEN THEY BENEFIT FROM A
TECHNOLOGY COMPANY COST CURVE,
AND THAT'S DISRUPTIVE IN THE
AUTOMOTIVE INDUSTRY.
>> ANDREA, THERE IS A STAR STOCK
BIGGER IN BOSTON WHO RECENTLY
SOLD APPLE AND REPLACED IT WITH
TESLA.
THIS IS A GUY AT FIDELITY WHO
HAS ONE OF THE BEST RECORDS ON
THE STREET.
DO YOU THINK TESLA AT THIS POINT
REALLY DESERVES TO BE IN A
PORTFOLIO ALONGSIDE MOSTLY BLUE
CHIP NAMES AT THIS POINT?
>> YES, BECAUSE THE QUESTION
WHAT COULD GO RIGHT IS THAT THEY
SCALE TO MORE A MASS MARKET.
THEY HAVE A FACTORY THAT CAN DO
5,000 A YEAR, AND RIGHT NOW
THEY'RE DOING 20,000.
I THINK THE ANSWER TO THAT
QUESTION IS BECOMING MORE CLEAR
THAT A LOT OF THINGS CAN GO
RIGHT FOR THEM, AND THEY HAVE
THE TECHNOLOGY AND THE
MANAGEMENT TEAM AND THE
DISTRIBUTION STRATEGY IN PLACE
TO MAKE THOSE THINGS HAPPEN.
>> ALL RIGHT, ANDREA, WE'LL
LEAVE IT THERE.
THANK YOU SO MUCH FOR BEING WITH
US.
WE'RE GOING TO MOVE ON TO
NETFLIX, BARTON.
I'M LOOKING AT NETFLIX NOW, 248.
IT'S GETTING DANGEROUSLY CLOSE
TO 295.
WHAT'S THE STORY?
>> WE'RE ARGUING THIS IS A $320
STOCK IN A YEAR.
WHAT WE THINK IS HAPPENING AT
NETFLIX, YOU HAVE A COMPANY
WHERE KIND OF WHAT YOUR PREVIOUS
GUEST SAID ABOUT TESLA, WHAT CAN
GO RIGHT VSUS WHAT CAN GO
WRONG?
YOU HAVE A TV COMPANY WHICH IS A
HIGH END BUSINESS POTENTIAL.
NOW THEY'RE DOING EXCLUSIVES.
THEY HAVE EXCLUSIVE DEALS WITH
DREAMWORKS AND DISNEY AND
THEY'RE DOING THEIR OWN TV SHOWS
AND EXECUTED AT A HIGHER LEVEL.
THEY'RE LOW SINGLE DIGIT, BUT
THEIR APPEARS ON HBO ARE
30-PLUS-YEAR MARGINS.
I THINK AS THEY GET LEVERAGE ON
THIS AND CONGRESS CHARGES MORE
FOR IT, THEY CAN MOVE UP TO HBO
STYLE EARNINGS.
THE DOLLARS WE SEE HERE CAN BE
$10 IN THE NEXT DECADE.
THAT'S WHAT PEOPLE ARE BUYING
TODAY, AND I THINK THERE'S
MOMENTUM BEHIND IT.
>> EVERYBODY TALKS ABOUT
SURVIVOR GROWTH AT NETFLIX, BUT
ONE OF THE BIG PROBLEMS THEY
HAVE IS PEOPLE SHARE
SUBSCRIPTIONS.
DO YOU THINK WITHIN THIS WHERE
THEY'RE MAKING YOU MAKE YOUR OWN
PROFILE, DO YOU THINK THAT'S A
MOVE TOWARD MAKING PEOPLE GET
THEIR OWN SUBSCRIPTION?
>> IF A COUPLE PEOPLE SHARE A
SUBSCRIPTION, YOU END UP
CONFLICTING AND A COUPLE GET