Jim Cramer Warns Netflix Faces High Bar

Netflix, Inc. (NASDAQ:NFLX) is one of the stocks that Jim Cramer shared insights on. During the episode, Cramer emphasized the company’s need to post good earnings. He remarked:

“After the close, we’re treated to the most delightful of conference calls, Netflix. First thing, I have a dearth of things to watch right now. It’s really starting to bug me. So I’m going to be listening to the conference call in part because they talk about all the great overseas programming. I get some terrific ideas of what to watch when I get home that night. The bar is very high for Netflix, though, which will have to tell us how their ad tier is going, how Squid Game did, and how NFL Christmas streaming football advertising’s looking.

If Netflix doesn’t deliver an outstanding number, though, I gotta tell you, there’ll be an awful lot of downside. We have so many price target boosts, even two today. I’d be a little nervous, even as I expect a good quarter.”

Netflix (NASDAQ:NFLX) provides streaming entertainment, including TV series, films, documentaries, and games across multiple genres and languages.

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Disclosure: None. This article is originally published at Insider Monkey.