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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Is Netflix (NFLX) the Best NASDAQ Stock to Buy According to Billionaires?

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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80% Informative

The US economy contracted at an annualized rate of 0.3% during the first quarter of 2025 .

This was a rapid reversal from the 2.4% growth in the last quarter of 2024 .

Tariffs uncertainty was one of the key contributing factors toward the slowdown.

The NASDAQ slipped another 0.09% on May 1 , to end at 17,446.34 .

NFLX ranks 7th on our list of best NASDAQ stocks to buy according to billionaires.

The streaming service broadcast its first sporting events, including two National Football League games on Christmas , and said that the ad-supported plan it launched two years ago amassed 70 million subscribers, more than investors expected.