5 Best Stocks to Buy for a Month

3. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders: 108

Netflix, Inc. (NASDAQ:NFLX) shares have gained about 6% over the past one month as of June 27. Earlier in June Netflix, Inc. (NASDAQ:NFLX) jumped after BofA said in a note that Netflix’s password sharing crackdown could produce better-than-expected results which could cause subscriber growth for the company. BofA analysts also increased their price target for Netflix, Inc. (NASDAQ:NFLX) to $490 from $410.

As of the end of the first quarter of 2023, 108 hedge funds tracked by Insider Monkey had stakes in Netflix, Inc. (NASDAQ:NFLX). The biggest stakeholder of Netflix, Inc. (NASDAQ:NFLX) during this period was Boykin Curry’s Eagle Capital Management which owns a $1.5 billion stake in the company.