Jim Cramer is Talking About These 10 Stocks

2. Netflix Inc (NASDAQ:NFLX)

Number of Hedge Fund Investors: 121

A caller recently asked Jim Cramer whether there’s still more runway left for Netflix Inc (NASDAQ:NFLX). Here is what Cramer said:

“You bet. There is. Netflix is a subscription business.”

Sensing major threats amid rising competition in the market from Disney Plus, Peacock (CMCSA), Max. Amazon and YouTube, Netflix Inc (NASDAQ:NFLX) has fired all engines and is using a multi-pronged approach to thrive. Netflix Inc (NASDAQ:NFLX) is expanding into emerging markets, aggressively focusing on user engagement and tapping into advertisement and gaming. Netflix Inc (NASDAQ:NFLX) is also expanding into NFL games and WWE. Netflix’s ad-tier now has 40 million global monthly active users, up from 23 million in January.