5 Best Stocks to Buy Now for the Next 3 Months

3. Netflix, Inc. (NASDAQ:NFLX)

Upside Potential: 41.26%

Number of Hedge Fund Holders: 144

Netflix, Inc. (NASDAQ:NFLX) is one of the best stocks to buy now for the next 3 months with an analyst upside of just over 41%.

Netflix, Inc. (NASDAQ:NFLX) shares have declined nearly 35% over the past year, but despite the struggles, the streaming giant has growth potential. The company is adapting to challenges with new strategies, focusing on Ad revenue and AI integration. Netflix’s Ad revenue is projected to reach $3 billion in 2026.

On June 6, Bernstein analyst Laurent Yoon reiterated a Buy rating on Netflix, Inc. (NASDAQ:NFLX) with a $110 price target. The analyst believes that Netflix’s core business is rock solid amid the growing short-form video competition and higher content costs. Yoon sees Netflix as a low-cost global streaming platform with high growth potential in non-English speaking countries and significant room for continued margin expansion.

In addition to this, Netflix has also launched its first-ever live show, bringing ‘The Breakfast Club’ radio show on the platform. On June 1, the show was launched on the streaming platform, strengthening its partnership with iHeartMedia. The collaboration expands Netflix’s streaming base into live programming, which will help build daily views through live recurring formats.

Netflix Inc. (NASDAQ:NFLX) is a global streaming service offering TV shows, movies, documentaries, and interactive content. It operates a subscription model, produces “Original” content, and supports both ad-free and ad-supported viewing across devices.

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