Markets· August 16, 2026 at 01:51 p.m.
Jim Cramer Advocates for Buying More Netflix Shares Amidst Market Volatility
Key takeaways
- Jim Cramer recommends buying more Netflix shares
- Netflix remains a dominant player in digital entertainment
- Institutional backing for Netflix remains high despite recent concerns
On August 11, Mad Money host Jim Cramer recommended averaging down on Netflix, Inc. (NASDAQ: NFLX) shares due to a reduced price-to-earnings multiple and the belief that market anxiety over the company's pursuit of Warner Bros. Discovery assets is unwarranted. This stance reflects Cramer's consistent defense of Netflix throughout summer market volatility, as he emphasized on June 9 and June 30 that the business remains strong despite temporary headwinds.
