Skip to main content

Why Netflix Is an 'Analog' for This Market

Publish date:
Video Duration:

Happy Friday!

So, what exactly was top of mind for Jim Cramer on Friday?

"Not the mystery virus cause I covered that yesterday. And that's hotels and that's airlines and that's high-end jewelry. And it's makeup--Estee Lauder. No, I want to cover Netflix. And the reason why I want to cover Netflix is, Netflix is an, I'd say, it's an analog for this entire market. They report a quarter. It's roundly criticized. People think that they've lost their way. People think that America's slowing. What happens? It goes down nine...Then more today. So that is a situation where a lot of people have given up on it and they come right back. That's what you must remember, the resilience of the winners. Resilience," said Cramer.

When Netflix reported earnings earlier this week, it reported U.S. subscriber adds that came in at 420,000, missing expectations of 589,000. Netflix's total of 167 million paid subscribers was 20% higher than in January 2018.

 Watch the full video above for more.

Online real estate platform CrowdStreet delivers investors a new way to diversify their portfolios with real estate. Individual investors can use CrowdStreet’s leading online marketplace to connect with a wide array of commercial real estate opportunities and projects to make investing in real estate easy! Download the Real Estate Guide.

Catch up on the Latest Webinars on TheStreet!

Related Videos