Jim Cramer: Netflix Is My Least Favorite ‘FANG’

Jim Cramer says Netflix is his least favorite stock in the 'FANG' group, which includes Facebook, Amazon and Alphabet, formerly Google.
Author:
Publish date:

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer says Netflix (NFLX) - Get Report is his least favorite stock in the 'FANG' group, which includes Facebook (FB) - Get Report , Amazon (AMZN) - Get Report and Alphabet (GOOGL) - Get Report , formerly Google. 'One of the reasons why Netflix has been in a funk is that they did over-promise and under-deliver on China and I think that's really hurt them,' Cramer said, adding that a reason to own Netflix is for Disney (DIS) - Get Report programming in the second half of 2016. Netflix shares are down 20.2 percent since the start of the year.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.