Top 15 Tech Stocks in Billionaire Ken Fisher’s Portfolio

10. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders: 147

Fisher Asset Management Equity Stake: $1.96 Billion

Netflix Inc. (NASDAQ:NFLX) is one of the top tech stocks in billionaire Ken Fisher’s portfolio. On May 13, Netflix Inc. (NASDAQ:NFLX) reiterated that its advertising business is growing at an impressive rate. As it stands, Netflix with ads reaches more than 250 million global monthly active viewers. In addition, over 80% of ad members are actively watching every week.

The robust growth is down to what the streaming giant cites as an incredible slate of content, led by Wednesday, The Night Agent, Happy Gilmore 2, and Stranger Things. Amid strong traction, the company plans to offer an ad plan to even more members worldwide. Netflix plans to expand its ad plan to 15 new countries as it strives to give advertisers more opportunities to reach a global audience.

The expansion drive comes as the company increasingly builds and uses artificial intelligence and machine learning to simplify advertising and make it more efficient. The company offers AI-driven tooling to develop and optimize media plans. It also leverages AI to adapt existing advertiser assets.

Netflix, Inc. (NASDAQ:NFLX) is a technology-driven entertainment company that leverages AI, cloud computing, and massive data analysis to deliver personalized streaming to millions. Key technology initiatives include developing its own Open Connect CDN for content delivery, using generative AI for production and recommendations, and implementing a micro services architecture for platform resilience.

1281292 - 11759070 - 1