Jim Cramer recently discussed Netflix, Inc. (NFLX) in relation to the latest tariffs. With a 40% year-to-date gain, Netflix remains a top stock in the media space. Analyst downgrades have raised doubts, but Cramer believes the estimates might be too low, urging viewers to give the company the benefit of the doubt.
In light of recent valuation downgrades, Seaport Research Partners downgraded Netflix to Neutral. Despite this, Cramer believes Netflix, CrowdStrike, and Wells Fargo are worth sticking with due to their strong franchises and smart CEOs. He advises against selling these high-quality stocks based on valuation concerns.
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Read more at Yahoo Finance: The Estimates Might Have Gotten Too Low, Says Jim Cramer