Jim Cramer on Netflix, Inc. (NFLX): “May Be Still the Best Growing Stock in the Entire Market”

We recently published a list of Jim Cramer Talked About These 16 Stocks Recently. In this article, we are going to take a look at where Netflix, Inc. (NASDAQ:NFLX) stands against other stocks that Jim Cramer discussed recently.

Noting that the stock has been going “up and up”, a caller inquired about Netflix, Inc. (NASDAQ:NFLX). In response, Cramer said:

“Here’s what you do with a situation like Netflix, what you do is you buy a little, okay, just take, you know, bite, bite it. Just bite it. You have to. Bite some off. Buy a little. You want to buy a hundred? Go buy 20 and then work it down. But don’t let it get away from you because it is, I would tell you, this Netflix, this may be still the best growing stock in the entire market.”

Netflix, Inc. (NASDAQ:NFLX) delivers a wide range of TV shows, films, documentaries, and games through internet-connected devices as it offers streaming entertainment to subscribers worldwide. During a May 16 episode, Cramer said the following about the company:

“Well, you know what? When you have a stock like Netflix, you gotta do two things. One is you gotta take out your cost basis, which allows you to be able to play with the house’s money. And two is, forget about it, let it run. Once you take out your cost basis, what happens? You can’t lose money, and that’s the way you invest in this country.”

Jim Cramer on Netflix, Inc. (NFLX): “May Be Still the Best Growing Stock in the Entire Market”

A home theater with family members enjoying streaming content together.

Overall, NFLX ranks 3rd on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of NFLX as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NFLX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.