10 Stocks That Members of Congress Own

6. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders: 144

Netflix, Inc. (NASDAQ:NFLX) is a global streaming entertainment company that offers a subscription-based platform for movies, TV series, and original content. It provides on-demand streaming services across various devices, including smart TVs, smartphones, and computers. The company produces and distributes original programming under Netflix Originals, spanning films, series, documentaries, and stand-up specials.

Netflix, Inc. (NASDAQ:NFLX) has demonstrated significant business acceleration, achieving nearly 20% top-line growth and adding 6 points of margin in 2024. The company’s growth strategy has focused on two key tactical moves: implementing a solution for account sharing and building an incremental revenue stream through advertising. The company has successfully scaled its advertising reach, with approximately 55% of new sign-ups coming from the ads tier in Q4, and expects to double its advertising revenue in 2025. NFLX maintains a strong market position with over 300 million paying members and an audience of over 700 million viewers worldwide, yet still sees significant growth potential as it only captures about 6% of its addressable revenue market and less than 10% TV view share in major markets.

Netflix, Inc. (NASDAQ:NFLX) is expanding its entertainment offering across multiple fronts, including film, TV, games, and live events while focusing on improving its service faster than the competition to drive its growth flywheel of more entertainment, engagement, revenue, and profit. In terms of content strategy, NFLX is producing in more than 50 countries and emphasizes authentic storytelling with local impact, while also investing in live events and exploring gaming opportunities. The company maintains a culture focused on excellence and continuous improvement, which has enabled its evolution from a DVD service to a global streaming platform with expanding entertainment offerings across multiple formats. With that being said, NFLX is also one of the stocks owned by Congress.