GO
Loading...

Good Time to Buy Netflix?

Investors should take advantage of the decline in Netflix’s stock, Cramer said Tuesday.

Homegamers should have faith that management did the right thing in raising prices of its DVD and streaming online content service, the “Mad Money” host said. Cramer praised CEO Reed Hastings. In addition, this stock is not overvalued. When you consider the valuations of LinkedIn at $10 billion, for example, you have to wonder if this stock isn’t actually cheap.

A lot of investors are worried customers may cancel their subscriptions due to the price hike, but Cramer isn’t too concerned. He has faith in Hastings and Netflix’s future prospects.























Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

Symbol
Price
 
Change
%Change
MOS
---
NFLX
---
LINKEDIN
---

Featured

Contact Mad Money

  • Showtimes

    U.S.
    Monday - Friday 6p ET
    Australia
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.