Jim Cramer Says "You Should Be a Buyer of Netflix Here"

Netflix, Inc. (NASDAQ:NFLX) is one of the stocks Jim Cramer discussed, along with market shortages. A club member mentioned that they invested in NFLX after the stock split, and asked Cramer if he thinks that the company will get back on track this year, or if they should “take a loss and sell it?” Cramer remarked:

I have to tell you… I thought that the conference call this week was a, it was a show of force. It was so good. It made me think that Netflix completely is on its game, as always. You should be a buyer of Netflix here.

Netflix, Inc. (NASDAQ:NFLX) provides streaming entertainment, including TV series, films, documentaries, and games. Cramer mentioned the stock as part of his game plan during the episode aired on January 16 and said:

After the close, we get results from Netflix. I expect the treatise on why the company needs Warner Brothers Discovery, the object of its affection, and is willing to pay a fortune to get it. How big a fortune will it be? I think that’s going to be determined by opponent, Paramount Skydance, which also wants the property. If Paramount, by the way, would just pay $34, this whole saga would end.

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