Cramer: 'Market-Cap Of Netflix Is Way Too Small Versus The Oppurtunity'

Bloomberg reported on Friday that Netflix, Inc. NFLX is in talks with Wasau, a Chinese media company backed by Alibaba Group Holding Ltd BABA founder Jack Ma, to make an entry into the $5.9 billion Chinese video market.

CNBC’s Jim Cramer was recently seen weighing in on this.

The World's TV

“One of things that we all have been waiting for is this shoe to fall because why not?,” Cramer said. “The Netflix programming seems to be uniquely loved worldwide. I have felt over and over again that the market-cap of this company is way too small versus the opportunity.”

He continued, “I just think that Netflix is the world’s TV and I think we are generational, we don’t recognize that. We were lat to Netflix, a younger person, Netflix is their TV and I think that’s what people [really are battling here].”

Worldwide Brand

Cramer was asked if he thinks Netflis is a brand. He replied, “I think it’s a worldwide brand. I think that in the end they have programming that makes you sign up. I think that that has been the missing piece that the analysts keep missing. They just don’t get it, ‘Orange Is The New Black’ you have to watch, ‘House of Cards’ you have to watch it.”

“But you have to figure out what period you can go before you are allowed to talk about Netflix’s programming and I think that’s [seminal] in this country and I think the other programming around the world is kind of like ‘wow! I am jealous of it’,” Cramer concluded.