Jim Cramer Recently Looked at These 18 Stocks

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5. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders: 150

While discussing Netflix, Inc. (NASDAQ:NFLX), Cramer said that Wall Street loves subscription businesses and the company is the “King of subscriptions.”

“The dominant winner in this new high list… well, it’s so easy. You probably even know if you just watched a couple hours of our show, and that’s Netflix. Now here’s this stock that seems to permanently reside on the new high list. It’s one of those positions that every time it moves up, some analyst raises numbers and raises price targets. Truly virtuous circle.

Right now, Netflix is going up on its content slate, including the upcoming season of Stranger Things and Squid Game. It’s also been going up because its ad tier is working well, and it should only get better as they develop more ways to help advertisers target the right viewers. At the end of the day, Wall Street loves the subscription business, and Netflix, it’s the king of subscriptions.”

Netflix (NASDAQ:NFLX) provides streaming entertainment, including TV shows, films, documentaries, and games, accessible across a wide range of internet-connected devices and available in multiple genres and languages.

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