Reported 1 day ago
In a recent episode of Mad Money, Jim Cramer expressed a more optimistic outlook for Netflix, Inc. (NFLX), leaning towards bullish sentiment. He discussed the recent market rally and the impact of President Trump's comments reassuring no plans to remove Fed Chair Jerome Powell, which alleviated market uncertainties. Cramer highlighted the overreaction to Netflix's earnings report, noting a significant price rise since his previous commentary on the stock, and emphasized that despite some market skepticism, NFLX remains a solid growth story.
Source: YAHOO