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Jim Cramer: Netflix Is a FOMO Stock

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

Amazon (AMZN) 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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