The video discusses Netflix (NFLX) as a potentially appealing investment but cautions that it's currently trading at 45 times earnings, making it not particularly cheap. It suggests that new investors interested in Netflix might consider dollar-cost averaging their way in, buying shares in chunks over the next few months. The video recommends re-evaluating the investment after Netflix releases its fourth-quarter financials in January. A key question is whether Netflix is still growing fast enough to justify its current premium valuation.