5 Best 52-Week Low Large Cap Stocks To Buy Now

In this piece, we’ll take a look at the 5 Best 52-Week Low Large Cap Stocks To Buy Now. For more such companies, go to 15 Best 52-Week Low Large Cap Stocks To Buy Now.

5. Netflix, Inc. (NASDAQ:NFLX)

YTD return as of December 30, 2022: -51.27%

Number of Hedge Fund Holders: 115

Netflix, Inc. (NASDAQ:NFLX) is a global streaming entertainment company that provides a range of movies, television shows, and other content to subscribers over the internet. Netflix, Inc. (NASDAQ:NFLX) is known for its popular streaming service, which allows subscribers to watch a wide range of movies, television shows, and other content on a variety of devices, including smartphones, tablets, and smart TVs.

On December 20, 2022, Jason Helfstein, an analyst at Oppenheimer, reiterated his price target on Netflix, Inc. (NASDAQ:NFLX) to $365 with an Outperform rating on the stock. According to the analyst, the stock of the company will be steered by the number of subscribers instead of revenue, and the viewership data signals an in-line or higher subscription rate.

115 hedge funds were long on the company’s stock at the end of the third quarter, according to Insider Monkey’s database. Fisher Asset Management had the biggest long position in the company at the end of Q3 2022.