Prominent Investor Buys More Netflix, Inc. (NFLX) Stock

Larry Ramer

Wed, May 14, 2025, 10:50 AM 1 min read

Well-known capitalist Steve Weiss noted connected CNBC connected Friday that helium had bought much shares of Netflix, Inc. (NFLX) stock. Weiss, who is bearish connected the longer-term outlook of the U.S. economy, expects NFLX to "do good successful a recession."

Weiss, the Chief Investment Officer and Managing Partner of Short Hills Capital Partners, reported that Netflix, Inc. (NFLX) is his "largest presumption by a wide margin."

Why Weiss Expects NFLX to Perform Well

NFLX volition look little contention during a recession due to the fact that a fig of the different streaming services that are successful concern present volition neglect during the downturn, the capitalist predicted.

Additionally, Netflix, Inc. (NFLX) has "the astir content" successful the space, and the steadfast "can rise prices each six months" without negatively impacting its demand, according to Weiss.

Moreover, the institution tin instrumentality aggregate steps to amended its offerings, the capitalist said, noting that it has begun to watercourse sporting events.

The Recent Price Action of Netflix, Inc. (NFLX) Stock

In the past month, the shares person precocious 19%, portion they person gained 8% successful the past 3 months.

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.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.