Larry Ramer
Wed, Apr 16, 2025, 10:23 AM 2 min read
In This Article:
Well-known capitalist Josh Brown disclosed connected CNBC yesterday that helium had bought shares of Netflix (NFLX).
Brown, the CEO of Ritholtz Wealth Management, called NFLX "the champion banal successful the market" for 2025.
Brown Sings Netflix's Praises
The capitalist explained that helium was looking for a "defensive stock." And according to Brown, NFLX "is the astir defensible tech company, astir to the constituent wherever (it) is simply a user antiaircraft stock." He explained that, successful his view, Netflix is "not the benignant of work that anyone cancels. And adjacent if they're reasoning astir cancelling it," they volition bargain the cheaper, ad-supported tier instead," helium asserted.
Although NFLX "is the champion banal successful the market" for 2025, helium does not deliberation that it volition needfully ascent the astir of immoderate sanction this year. But Brown is not funny successful buying beaten-down stocks successful the existent environment. Instead, he's seeking "resilience," arsenic helium thinks that antiaircraft names volition upwind up posting the champion numbers betwixt present and December 31.
The capitalist noted that NFLX has importantly outperformed since the marketplace peaked connected Feb. 19. Specifically, since that time, NFLX had fallen conscionable 6% arsenic of the marketplace adjacent connected April 14. Conversely, the S&P 500 and Nasdaq had sunk 12% and 15%, respectively, during the aforesaid period, according to the investor.
While we admit the imaginable of NFLX, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns, and doing truthful wrong a shorter timeframe. There is an AI banal that went up since the opening of 2025, portion fashionable AI stocks mislaid astir 25%. If you are looking for an AI banal that is much promising than NFLX but that trades astatine little than 5 times its earnings, cheque retired our study astir this cheapest AI stock.
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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.