5 Dumbest Companies to Invest In

In this piece, we will take a look at the five dumbest companies to invest in. For more dumb companies, head on over to 10 Dumbest Companies to Invest In.

5. Netflix, Inc. (NASDAQ:NFLX)

Hedge Fund Investors as of Q3 2022: 115

Netflix, Inc. (NASDAQ:NFLX) is an American content streaming platform provider and a film, television show, and documentary producer. The firm also provides mail in services and has more than 200 million paid customers. It was set up in 1997 and is based in Los Gatos, California.

The big mystery of 2023 still remains whether Netflix, Inc. (NASDAQ:NFLX) will charge users extra for sharing their accounts, with some believing that the shift will take place soon. 115 of the 920 hedge funds polled by Insider Monkey during Q3 2022 had bought the firm’s shares.

Netflix, Inc. (NASDAQ:NFLX)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 6.6 million shares that are worth $1.5 billion.