Jim Cramer Discusses These 10 Stocks & An Outfit Better Than DeepSeek

7. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders In Q3 2024: 121

Netflix, Inc. (NASDAQ:NFLX) is the world’s leading video streaming company. Its shares are up by 84% over the past year and by 16% year-to-date. The stock has been helped on multiple fronts. Netflix, Inc. (NASDAQ:NFLX)’s ability to monetize its user base and add subscribers at a time when legacy media is struggling to grow users has injected optimism into the stock. Cramer has previously appreciated Netflix, Inc. (NASDAQ:NFLX)’s user engagement and content. This time around he stated that the firm is in its own class when it comes to the media industry:

“And then people say well wait a second, Netflix doesn’t have churn. And all I can say is, Netflix is a beast. And if you’re gonna go up against Netflix, you’re gonna make a comparison to Netflix, I mean that’s like making a comparison to 27 Yankees. Don’t do it.” “Now Netflix doesn’t need it, cause Netflix walks on water. I mean Netflix is incredible.”