Jim Cramer's Stop Trading: Netflix Wins With Investors Ahead of the Emmys

 

NEW YORK (TheStreet) -- Netflix (NFLX) is trading higher Monday, and Jim Cramer thinks that's in anticipation of the company's programming winning big during tonight's Emmy Awards. 

On CNBC's "Cramer's Mad Dash" segment, co-host Carl Quintanilla told Cramer, co-manager of the Action Alerts PLUS portfolio, that Netflix' subscription-only programs were nominated for over 30 Emmy Awards.

It might not make sense to many, Cramer said, but Netflix gets a boost from awards shows because a win gives it another selling point for luring in new subscribers. Cramer thinks international subscriptions should continue to grow and thinks another company should have bought Netflix a long time ago. 

From shows to steel: Cramer said U.S. Steel (X) is taking advantage of lower natural gas prices. Credit Suisse upgraded the stock to buy from sell Monday. Cramer said the U.S. has the second-lowest energy costs in the world behind the unstable Middle East region. 

Even LyondellBasell Industries (LYB) is expanding its plastics operation in the Gulf of Mexico region, Cramer noted.


-- Written by Bret Kenwell in Petoskey, Mich.

Follow @BretKenwell

At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

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