Jim Cramer: Netflix Is a FOMO Stock

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In case you missed it, Real Money Stock of the Day Netflix (NFLX) - Get Report came up a little short of wins at the Emmy awards.

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. 

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