From Yahoo Finance: 2025-05-02 17:39:00

The US economy contracted at an annualized rate of 0.3% in the first quarter of 2025 due to tariff uncertainty, with net exports dropping 4.8%. NASDAQ slipped 0.09% on May 1, ending at 17,446.34. Tom Lee discussed the stock market outlook amidst tariffs, highlighting the market’s uncertainty about economic trajectory.

Netflix, Inc. (NFLX) is one of the best NASDAQ stocks to buy according to billionaires, with 25 billionaire investors and a value of $12,748,745,334 in holdings. The company saw robust financial growth in fiscal 2025 and surpassed revenue and operating income guidance in Q1. NFLX is known for its international subscription-based streaming platform.

Harding Loevner Global Developed Markets Equity Strategy praised Netflix for its favorable outlook in Q4 2024, citing strong performance in the Communication Services and Consumer Discretionary sectors. NFLX ranked 7th on the list of best NASDAQ stocks to buy, with potential for growth. Consider exploring AI stocks for higher returns within a shorter timeframe.



Read more at Yahoo Finance: Is Netflix (NFLX) the Best NASDAQ Stock to Buy According to Billionaires?