13 Best NASDAQ Stocks to Buy So Far in 2025

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8. Netflix Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders: 144

Netflix Inc. (NASDAQ:NFLX) provides entertainment services by offering television series, documentaries, feature films, and games across a range of genres and languages. It offers its members the ability to receive streaming content through devices like TVs, digital video players, TV set-top boxes, and mobile devices.

The company added 19 million subscribers in the last quarter of 2024. This was fueled by major events as well as content, but a majority of these subscribers came due to a diverse content library. This division focuses on original series, films, games, and live sports. Live sports, like the NFL games, alone gathered around 30 to 31 million viewers, while WWE Raw drew 5 million views in just its first week. Games like “Squid Game: Unleashed” are also becoming top downloads for the company.

The company’s ad revenue is growing and is expected to double in 2025 after doubling last year as well.  Ad-supported plans make up 55% of its total signups in the ad-supported regions. Netflix Inc. (NASDAQ:NFLX) is actively investing in its ad tech and games to improve growth, which has fueled higher game downloads already.

Harding Loevner Global Developed Markets Equity Strategy stated the following regarding Netflix, Inc. (NASDAQ:NFLX) in its Q4 2024 investor letter:

“During the quarter, we benefited from strong stocks within the Communication Services and Consumer Discretionary sectors. Netflix, Inc. (NASDAQ:NFLX) was our top relative contributor; the company provided a favorable outlook for subscriber growth in 2025 and made progress in two key areas, live TV and advertising. The streaming service broadcast its first sporting events, including two National Football League games on Christmas, and said that the ad-supported plan it launched two years ago amassed 70 million subscribers, more than investors expected.”

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