, Inc. (AMZN) and Netflix, Inc. (NFLX) Have Had Great Runs About 20% to 30% Each This Year: Stephen Weiss, Inc. (NASDAQ:AMZN) and Netflix, Inc. (NASDAQ:NFLX), if this trader is correct, may hit new highs within the next six months.

In a segment of Under the Radar on CNBC’s Fast Money Halftime Report, Stephen Weiss and his colleagues were discussing stocks which some people may be overlooking but have potential. Apart from Netflix, Inc. (NASDAQ:NFLX) and, Inc. (NASDAQ:AMZN), the group also discussed Mylan NV (NASDAQ:MYL) and Perrigo Company plc (NYSE:PRGO)

“You know, I was looking at Netflix, I was looking at Amazon, they have had great runs about 20% to 30% each this year. They are within 10% of their all-time highs. It’s been a very stealth move. Netflix has tremendous growth of product because broadband [is] really rolling out in force in Europe. I think these stocks can make new highs over the next six months or so?” Weiss says.

However, would Weiss who is also Managing Partner at Short Hills Capital partners, LLC be buying Netflix, Inc. (NASDAQ:NFLX) or, Inc. (NASDAQ:AMZN) shares in the near future?

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Weiss says that he finds Netflix, Inc. (NASDAQ:NFLX) multiples to be in the “nosebleed” category for him at the current multiples the company has. However, he acknowledges that he may be talking himself into buying the stock. He also clarifies in the discussion that he does not think Netflix is “exorbitantly expensive” which is something he would say about, Inc. (NASDAQ:AMZN).

According to Weiss, he is seeking more help and guidance from other experts on whether he should buy Netflix Stock. He admits he owned the stock before, maybe a bit too soon, as he also bought when Mark Cuban went on CNBC and said he owned the stock. Weiss says Cuban did not answer his call when he wanted to discuss the stock.

Meanwhile, Amazon is a bit trickier, for the CNBC contributors. Pete Najarian who says he would be more interested in Netflix says that he thinks Jeff Bezos only showed Wall Street he can make money if he wants to and will be returning to his old ways of spending a lot of the revenue the company makes for research and expansion and cutting the bottom line to almost nothing.

Weiss says, however, that Amazon has shown that its retail business makes a ton of money and its cloud business not so much. This leaves room for speculation that maybe the company will eventually break apart these business units.

Carl Icahn’s Icahn Capital LP owned about 1.41 million Netflix, Inc. (NASDAQ:NFLX) by the end of 4Q2014. Ken Griffin’s Citadel Investment Group owned about 1.16 million, Inc. (NASDAQ:AMZN) by the end of the same period.

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