5 Best Stocks To Buy According to AI

3. Netflix Inc (NASDAQ:NFLX)

Stock Performance Since ChatGPT Recommended The Stock Last Year: +97%

Netflix Inc (NASDAQ:NFLX) was also one of the stocks ChatGPT included in its stock portfolio when it was asked to develop a “fund” to beat the market by finder.com back in March 2023. Since the recommendation date the stock has gained about 97%.

As of the end of the fourth quarter of 2023, 89 hedge funds out of the 933 funds tracked by Insider Monkey had stakes in Netflix Inc (NASDAQ:NFLX). The most notable stake in Netflix Inc (NASDAQ:NFLX) is owned by Ken Fisher’s Fisher Asset Management which owns a $2 billion stake in Netflix Inc (NASDAQ:NFLX).

Sequoia Fund stated the following regarding Netflix, Inc. (NASDAQ:NFLX) in its fourth quarter 2023 investor letter:

“Exits last year included Netflix, Inc. (NASDAQ:NFLX), Bank of America and Micron. We opportunistically added to our Netflix position in late 2022, near what turned out to be the lows. We sold our shares in stages over the course of last year as the stock price recovered and the valuation of the business rose dramatically.”