5 Best Consumer Discretionary Stocks to Buy

3. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders: 95

Netflix, Inc. (NASDAQ:NFLX) is a leading online video streamer that also produces entertainment content. If a recession occurs, Netflix, Inc. (NASDAQ:NFLX) could find it harder to grow its subscriber base as customers may choose cheaper alternatives for entertainment. Nevertheless, Netflix, Inc. (NASDAQ:NFLX) has potential if it can exceed the market’s earnings growth estimates for the future. As of Q2 2022, 95 hedge funds we track were long Netflix, Inc. (NASDAQ:NFLX).