Money manager buying Netflix due to perceived insulation from AI spending slowdown

From Yahoo Finance: 2025-04-21 16:48:00

In a recent article, 10 stocks were highlighted in Wall Street’s watchlist, including Netflix, Inc. (NFLX). Dan Niles, founder of Niles Investment Management, expressed concerns about a slowdown in AI spending impacting major tech companies. Niles mentioned that companies were purchasing more ahead of China tariffs due to expected duties from the US. Money manager Steve Weiss shared that he is buying Netflix stock due to its perceived insulation. RiverPark Large Growth Fund praised Netflix’s strong Q3 earnings and positive outlook. While NFLX ranks 5th in the watchlist, AI stocks are seen as more promising for higher returns in a shorter timeframe.



Read more at Yahoo Finance: Money Manager Says He’s Buying Netflix (NFLX) Because Stock is ‘Insulated’