CNBC's Jim Cramer said Netflix's earnings call fostered optimism about a company he once called 'an open sore on the market.'
"I love the call, I love the clarity of vision," Cramer said onreferring to the video streaming giant's conference call with analysts Tuesday afternoon after releasing better-than-expected fourth-quarter results.
The company also said it added 8.76 million paying global subscribers during Q4, more than the 7.6 million that analysts had expected. But it did note increased competition in the U.S., and more difficulties globally after Disney+ launches across Europe in March. "It's not great, it's not bad," Cramer said of the stock, which has been relatively flat over the past 12 months.
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