Jim Cramer Discussed These 29 Stocks Ahead Of Major AI Event

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3. Netflix, Inc (NASDAQ:NFLX)

Number of Hedge Fund Holders In Q3 2024: 121

Netflix, Inc (NASDAQ:NFLX) is the leading player in the highly growing global streaming market that has put mega-media companies such as Paramount and Disney on the back foot. 2024 was a great year for the stock as Netflix, Inc (NASDAQ:NFLX) benefited from several catalysts such as live streaming a fight between Mike Tyson and streamer Jake Paul. Its shares are up 81.5% over the past twelve months, and Cramer believes that Netflix, Inc (NASDAQ:NFLX) is the only company truly enjoying the consumer push towards streaming:

“Only Netflix seems to have it. I mean you always start by saying oh what’s on, and then you . . .gravitate toward Netflix. And I think that is because it’s still water cooler. It’s water cooler.”

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