Reported 1 day ago
Jim Cramer highlights a shift in American spending habits, noting that people are now allocating more of their budgets to Netflix, Inc. (NFLX) rather than traditional shopping. Cramer points out that NFLX shares have risen 40% year-to-date, thanks to favorable business conditions. He praises the company's resiliency against tariffs and acknowledges that consumers are increasingly investing in entertainment over retail purchases.
Source: YAHOO