Jim Cramer Says These 10 Stocks Can Do Well Regardless of Who Wins

1. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders: 103

Cramer called Netflix, Inc. (NASDAQ:NFLX) a great bargain and remarked that it will not take a hit in the coming days.

“Netflix is one of the world’s greatest bargains, and because they make programming for all sides of the aisle, you know that it’s not gonna get hammered by whoever comes out ahead tonight or this week or next month, whatever. There’s no percentage in going after Netflix.”

Netflix (NASDAQ:NFLX) is a leading provider of entertainment services, offering a vast variety of streaming content to millions of subscribers around the world. In October, the company reported its financial results for the third quarter, showing a 15% increase in revenue compared to the same period in the previous year.

This growth was accompanied by the addition of over 5 million new subscribers. Spencer Neumann, Netflix’s (NASDAQ:NFLX) Chief Financial Officer, highlighted that there are still “hundreds of millions of households that aren’t members,” suggesting significant untapped potential for future growth. A key factor driving this expansion has been its advertising-supported subscription tier.

Management indicated that the membership for the ad-supported plan grew by 35% year-over-year in the third quarter, though there were some challenges. The company is projecting total revenue for the full year 2024 to exceed $38 billion. Its management also provided guidance for 2025, anticipating revenue to reach between $43 billion and $44 billion, which would represent an approximately 11% year-over-year increase.

While we acknowledge the potential of Netflix, Inc. (NASDAQ:NFLX) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than NFLX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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