Jim Cramer Discusses These 18 Stocks & President Trump’s $500 Billion AI Plan

5. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders In Q3 2024: 121

Netflix, Inc. (NASDAQ:NFLX) is the largest streaming company in the world. Its shares have increased 94% over the past year as the firm emerges and solidifies its position as the number one streaming platform in the world. 2024 was an important year for Netflix, Inc. (NASDAQ:NFLX) as it demonstrated that it could steal users away from traditional media when it came to programming such as sports events. In his show, Cramer commented on the firm’s latest earnings:

“The engagement once they got in, as opposed to some other companies that bought individual games and it amounted to nothing. David we have to go back to this because we know linear was taking the shots, the shots they took at linear were brutal.

“[on NFLX saying they don’t have to manage the decline of linear] Right in front of me too. We have a good and improving product. It was devastating to me. It was like I thought you could walk and chew gum. They’re basically saying, if you ever spend a fortune on programming and sports which isn’t really going to generate a great return, then you don’t really know how to do. And you don’t know how to do programming. Then you know what, you’re Ford, you’re GM. We’re Tesla. See you later.

“You didn’t think it’s possible and yet they’re still talking about, they’ve captured six percent, only six percent of the world. Seven hundred and fifty million broadband households, excluding China and Russia thank God. They have so much runway, more number one shows in the weekly streaming top ten charts than all the other streamers combined.”