Jim Cramer Calls Netflix a “Juggernaut”

Netflix, Inc. (NASDAQ:NFLX) is among the stocks on Jim Cramer’s game plan as he shared his take on the market post Iran-U.S. ceasefire talks. Cramer showed quite a bullish sentiment toward the stock, as he said:

Netflix reports Thursday, and this company’s a juggernaut. So many thought that they took their eye off the ball with the attempted purchase of Warner Brothers Discovery. I thought it’d be terrific either way, okay? If they got it, it’d be terrific. If they didn’t, well, they’d get paid a $2.8 billion breakup fee, walk away. I think they can just build up a great studio on their own. But more importantly, think of this, Netflix came out of nowhere to build this incredible, the greatest entertainment company on earth. I bet they can just keep doing what they’re doing. Let’s give them the benefit of the doubt.

Photo by Alexander Shatov on Unsplash

Netflix, Inc. (NASDAQ:NFLX) provides streaming entertainment, including TV series, films, documentaries, and games. A caller asked about the stock during the March 18 episode, and Cramer replied:

Okay, let me tell you… I think I’m going to throw in one more positive. I think they could raise the price of the service. I think everybody loves it. I think you leg into Netflix. This is not a good market. You buy some here, you buy some a little bit lower. If you buy it all right now, you’re going to end up, if it goes to $85, you’re going to feel terrible. So buy it slow. That’s what we’re doing… Buy it slow. Then this market won’t get you down.

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