Jim Cramer on Netflix, Inc. (NFLX): "May Be Still the Best Growing Stock in the Entire Market"

We recently published a list of Jim Cramer Talked About These 16 Stocks Recently. In this article, we are going to take a look at where Netflix, Inc. (NASDAQ:NFLX) stands against other stocks that Jim Cramer discussed recently.

Noting that the stock has been going “up and up”, a caller inquired about Netflix, Inc. (NASDAQ:NFLX). In response, Cramer said:

“Here’s what you do with a situation like Netflix, what you do is you buy a little, okay, just take, you know, bite, bite it. Just bite it. You have to. Bite some off. Buy a little. You want to buy a hundred? Go buy 20 and then work it down. But don’t let it get away from you because it is, I would tell you, this Netflix, this may be still the best growing stock in the entire market.”

Netflix, Inc. (NASDAQ:NFLX) delivers a wide range of TV shows, films, documentaries, and games through internet-connected devices as it offers streaming entertainment to subscribers worldwide. During a May 16 episode, Cramer said the following about the company:

“Well, you know what? When you have a stock like Netflix, you gotta do two things. One is you gotta take out your cost basis, which allows you to be able to play with the house’s money. And two is, forget about it, let it run. Once you take out your cost basis, what happens? You can’t lose money, and that’s the way you invest in this country.”

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