Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-08-16T13:51:05+00:00
On the August 11 episode of Mad Money, host Jim Cramer fielded a question from a caller who noted that Netflix, Inc. (NASDAQ:NFLX) was trading approximately 15% below their original purchase price and asked whether to hold or add to the position. Cramer responded: Okay, but I've got strict rules in this. One is that we do not care where a stock has come from; we care where it's going to. And second, has the price-to-earnings multiple come down, or the earnings come down? Right now, the earnings are okay. The price-to-earnings multiple is at 20. So call me a beginning position in Netflix, and for you, maybe you want to buy a little more to average down. Cramer's willingness to recommend averaging down shows a consistent thesis he has defended throughout summer market volatility. On June 9,
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.