Jim Cramer Discusses These 13 Stocks & Rejects The AI PC Super Cycle

5. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders In Q3 2024: 121

Netflix, Inc. (NASDAQ:NFLX) is the global leader in online streaming. 2024 has been a great year for the firm as it has seen increased popularity among users by hosting events such as Mike Tyson’s return to the boxing ring. Netflix, Inc. (NASDAQ:NFLX)’s dominance in streaming has placed traditional cable networks on the back foot and forced them to incur billions in write-down losses. 2025 is also shaping up to be a great year for Netflix, Inc. (NASDAQ:NFLX) as the stock is up by 10% year-to-date. Its shares touched a record high this month as the firm’s Q4 results saw its $4.27 in earnings per share beat estimates of $4.20. Additionally, Netflix, Inc. (NASDAQ:NFLX)’s decision to hike prices also helped the stock. Here is what Cramer said:

“The content, that’s what the call was about. It was the content. And engagement. If you’re upgrade engagement, it’s from this great content. And it doesn’t matter what country it’s from. This is indicative of a network so to speak that is not distracted by problems involving linear. I mean I read their conference call for two reasons. First I read it because I want to know the numbers. The second I furiously write everything down so I can watch it. It is the most entertaining of all conference calls. It is joyful. The amount of people who want to watch it, the fact that they’re only ten percent of the world. They do expect that everyone in the world will watch it. David, I find that the Netflix story is a story of brain over brawn.”

“How can they . . . add up everybody else. How can they still be so far ahead? How is that possible? Don’t the other guys have anything. . . don’t they know anything that they have some, some idea what America wants?”