Amazon (AMZN - Get Report) took home seven top prizes, including Best Comedy Series for 'Fleabag', while Netflix got four major wins, highlighted by its TV movie 'Black Mirror - Bandersnatch.' Overall, Netflix gathered 27 Emmy Award, just behind HBO's 34 but ahead of Amazon's 15.
Jim Cramer explained on TheStreet's Facebook Live show that Netflix is a Fear of Missing Out, or FOMO, stock. And, when there's not much that investors--or even viewers--are missing out on, investors will see that reflected in how the stock trades.
Watch his full breakdown above.
More from Cramer Today
Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM
Catch Up: Today's Top News Videos Below