Netflix Inc. (NASDAQ:NFLX) is considered one of the best forever stocks to buy by hedge funds. Jefferies reaffirmed a Buy rating with a $134 price target amid reports of potential acquisition of Warner Bros. Discovery. Netflix has secured a $72 billion equity deal for Warner Bros. assets.

Warner Bros. has rejected a hostile takeover from Paramount in favor of selling to Netflix, avoiding a bidding war. The acquisition is expected to drive organic growth and synergies for Netflix. The deal includes Warner Bros. TV film studios and streaming assets, emphasizing theatrical releases.

Netflix plans to enter the theatrical business with the Warner Bros. acquisition. A second Netflix House Location at Galleria Dallas offers an immersive experience for fans of shows like “Stranger Things” and “Bridgerton.” The company provides a global entertainment subscription service for TV shows, movies, and games.

While Netflix shows promise as an investment, AI stocks may offer greater potential upside and less downside risk. Investors seeking undervalued AI stocks can explore opportunities that benefit from current economic trends. Watch for updates on materials and organic food stocks for further investment insights.

Read more at Yahoo Finance: Jefferies Affirms Buy Rating on Netflix, Inc. (NFLX) on Warner Bros. Discovery Acquisition Prospects