Jim Cramer Discusses These 11 Stocks & Finds Few Reasons To Sell

2. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders In Q3 2024: 121

Netflix, Inc. (NASDAQ:NFLX) is the global leader in the online streaming industry. The firm has managed to consistently grow its subscriber base over the past year. More importantly, Netflix, Inc. (NASDAQ:NFLX) has also delivered on its ability to monetize its user base and introduce multiple subscription tiers on this front. When coupled with mega events such as Mike Tyson’s boxing return being streamed on its platform, its strategies have allowed it to grow while traditional media networks struggle. Cramer continued to remain optimistic about Netflix, Inc. (NASDAQ:NFLX):

“And then FANG’s kind of back. I mean you know Netflix is going up without a problem.”

“And they don’t beat their chest. They just deliver, and deliver, and deliver. And Carl when I find companies that are doing something like that, they remind me of the subscription model. Netflix, Amazon, Spotify. It’s just such a good buisiness to be a subscription model. . . it is uh, it’s going higher.”