TheStreet’s Action Alerts PLUS Co-Portfolio Manager Jim Cramer says analysts continue to hate Netflix because they measure the company using traditional metrics and its earnings per share. Cramer says Netflix is a cultural shift story and a “cult stock.” As long as Netflix continues to add subscribers the stock will go higher, says Cramer. When investors are unsure about how to value a stock, Cramer says to take a look at the ultimate opportunity. In the case of Netflix the opportunity is huge and the stock could reflect that.
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