Jim Cramer Says 'I'm More Inclined To Side With The Bulls Than With The Bears On Netflix, Inc. (NFLX)'

We recently published an article titled What Happened After Jim Cramer Talked About These 13 Stocks. In this article, we are going to take a look at where Netflix, Inc. (NASDAQ:NFLX) stands against the other stocks Jim Cramer recently discussed.

During a recent episode of Mad Money, Jim Cramer offered his perspective on the day’s market rally as he delved into the impact of the ongoing dynamic between President Donald Trump and Federal Reserve Chair Jerome Powell.

“All day, I heard that today’s rally was just a bear market rally, okay? That it was a phony spike, and the market will go right back down the moment the president posts that there’ll be no compromise on tariffs. Who knows, maybe Fed Chief Jay Powell should be deported.”

READ ALSO: Jim Cramer Got These 10 Stocks All Wrong and Jim Cramer Nailed These 11 Stock Picks

However, Cramer pointed out that the tone shifted significantly just after the market closed. In his words, “We get incredible news that is sure to drive this market higher.” The news came directly from the President, who clarified that he had no intention of firing Powell, a rumor that Cramer identified as a major factor in the prior day’s market slide. Trump’s statement, “Never did, never will,” regarding any plans to remove Powell effectively erased the cloud of uncertainty that had been hanging over the markets.

Given this reversal, Cramer questioned whether the rally could still be called a bear market bounce. In his view, it now looked like something more substantial. He explained that real recoveries are often mischaracterized at first. According to Cramer, they typically begin with what appear to be bear market rallies, short-lived, suspicious upticks that many investors brush off due to repeated disappointments in the past. He stressed that the early stages of genuine market turnarounds are often marked by disbelief and hesitation, with only the boldest or most reckless traders recognizing their potential early on. He added:

“Now look, just because the President doesn’t want a constitutional crisis and is going to keep Powell doesn’t mean we have more to go on. For example, there’s been no sign of change from the administration on the trade wars.”

Methodology

For this article, we compiled a list of 13 stocks that were discussed by Jim Cramer during the episode of Mad Money on April 22, 2024. We then calculated their performance from April 22^nd, 2024, market close to April 23^rd, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.

Please note that this article mentions Jim Cramer’s previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders: 144

During a long segment, Jim Cramer dove deep into the streaming giant Netflix, Inc. (NASDAQ:NFLX), particularly its earnings report at the time. Cramer thought the company put out exceptional numbers but the market got spooked by the announced changes of how the company would be reporting its numbers moving forward. Despite the sell-off, Cramer’s opinion was that the market was overreacting and that Netflix, Inc. (NASDAQ:NFLX) would remain a profitable growth story since. Here’s his analysis:

“We got to talk about the market surprisingly negative reaction to the Netflix quarter where the stock tumbled 9% last Friday. To me the quarter looked pretty darn good, yet the stock's in full-blown correction mode here. […]

Netflix’s paid account sharing offering seems to be converting former password shares and paid users, their advertising tier keeps improving, and they keep putting out great content that resonates all over the world. […]

The thing that really spooked shareholders was the fact that starting next year-so important I got to get this right-Netflix plans to stop providing quarterly numbers for membership or average revenue per member, that's what we used to live on, that was our oxygen. […]

I'm more inclined to side with the bulls than with the bears on Netflix because last Thursday night we had saw a company that simply doing much better than expected at its core business of selling subscriptions and quickly building a strong supplemental business of selling advertising. I bet the ad business keeps building and quarter after quarter and year after year which is a good thing; not a reason to go bearish. Most importantly, I see a business that's becoming much more profitable than anyone could have imagined. […]

Netflix may have sold off hard because they’ll stop providing quarterly subscriber numbers starting next year, which does feel ominous. Actually, I’m not worried because this company has pivoted from a pure growth story to a profitable growth story, and going forward, profitability is what you should be watching. That’s why I’m siding with the bulls here and sticking with Netflix, especially now it’s gotten substantially cheaper.”

Indeed, Jim Cramer’s call on Netflix, Inc. (NASDAQ:NFLX) at the time was spot on, with the company’s share price rising by 81.67% since those comments.

Jim Cramer talked about the company before its most recent earnings report:

“Finally, after the close, Netflix reports. Now, we’re lucky to have Friday off for Good Friday because studying the hydra-headed Netflix call requires a huge amount of time. I always leave a lot of time for it. See, each time it reports, management talks about the rollout of its ad-supported subscription tiers, and the darn ad business is incredibly lucrative. It is what still draws me to the stock. There was a time when the Netflix quarterly conference call was the most exciting thing that happens to us in this business. But the bottom line, that was before the election. These days nothing coming out of Netflix can possibly keep up with the endless drama from the White House.”

Overall NFLX ranks 5th on our list of the stocks Jim Cramer recently discussed. While we acknowledge the potential of NFLX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. 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 this cheapest AI stock.

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