Jim Cramer Tells Mad Money Caller Why Netflix (NFLX) Is Worth a Moderate Buy
Yahoo Finance
Jim Cramer advised a "moderate buy" on Netflix (NFLX) despite recent leadership missteps, including a botched buyout attempt and Reed Hastings stepping down. He acknowledged market anxiety about capital allocation but highlighted Netflix's strong financial results, with $12.56 billion in Q2 revenue and ambitious plans for $3 billion in advertising revenue by 2026. While institutional backing slightly decreased, Cramer believes the company's content execution can offset strategic issues, making i
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