5 Best Performing Growth Stocks in January 2024

3. Netflix, Inc. (NASDAQ:NFLX)

Year To Date Share Price Gain: 21.75%

Number of Hedge Fund Investors In Q3 2023: 102

Netflix, Inc. (NASDAQ:NFLX) is a media and entertainment company that streams its own content and that from others on its proprietary platform. It started 2024 on a strong note as the shares soared after its fourth quarter saw Netflix, Inc. (NASDAQ:NFLX) beat analyst estimates of subscriber growth.

By the end of last year’s third quarter, 102 out of the 910 hedge funds covered by Insider Monkey had invested in Netflix, Inc. (NASDAQ:NFLX). Ken Fisher’s Fisher Asset Management was the largest shareholder courtesy of its $1.5 billion investment.

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