Money Manager Says He’s Buying Netflix (NFLX) Because Stock is ‘Insulated’ (2025)

Fahad Saleem

Mon, Apr 21, 2025, 4:48 PM 4 min read

We recently published a list of 10 Stocks in Wall Street’s Watchlist. In this article, we are going to take a look at where Netflix, Inc. (NASDAQ:NFLX) stands against other stocks in Wall Street’s watchlist.

Dan Niles, Niles Investment Management founder, in a latest program on CNBC reiterated his concerns about a slowdown in AI spending and said that major technology companies were already facing the impact of a downbeat trend in the industry before the tariff wars started:

“When the MAG 7 reported the December quarter or calendar Q4, six of the seven had their March revenue estimates already cut. So think about that for a second. But the thing is, when the Fed’s cutting like it was last year, nobody cares, right? If the stocks are going up, the charts look good. Why worry about fundamentals or valuations?,” Niles said. “Because the stocks are going higher. So looking forward, I expect all the estimates to come down yet again for the June quarter. When these companies report the March quarter, they were already having troubles when they reported the December quarter before all this tariff stuff kicked in.”

Niles said that companies were buying more ahead of the China tariffs because they expected that duties were coming from the US.

“You can just see that from the China export data already, where for China as a whole, in the month of March, exports were up 12.4%. People were expecting 4.6%. So that’s a massive beat there. And so you can already tell demand’s being pulled forward. So my thought was there was a payback period coming anyway.”

READ ALSO: 7 Best Stocks to Buy For Long-Termand 8 Cheap Jim Cramer Stocks to Invest In.

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Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Investors: 121

Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners, disclosed in a latest program on CNBC that he’s piling into Netflix, Inc. (NASDAQ:NFLX) shares and gave his reasons:

“If you take a look at Netflix, also I’m looking at companies that are insulated. Netflix—you know, people have cut the cord, so what will they do before they cut Netflix? They’ll cut the services, streaming services they’re not happy with. You can also trade down, go to the ad-supported service.”