TheStreet's Action Alerts PLUS Co-Portfolio Manager Jim Cramer says analysts continue to hate Netflix because they measure the company using traditional metrics and its earnings per share. Cramer says Netflix is a cultural shift story and a "cult stock." As long as Netflix continues to add subscribers the stock will go higher, says Cramer. When investors are unsure about how to value a stock, Cramer says to take a look at the ultimate opportunity. In the case of Netflix the opportunity is huge and the stock could reflect that.

At the time of publication, Cramer was long ___.

More from Video

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers

This Could Be the Summer of Hard Seltzer

This Could Be the Summer of Hard Seltzer