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Charts suggest subscription stocks like Netflix and Spotify can weather uncertainty, says Jim Cramer

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CNBC's Jim Cramer on Monday reviewed analysis from chartist Bob Lang, who suggested certain companies that use a subscription-based business model can weather economic uncertainty. "The charts, as interpreted by Bob Lang,
Jim Cramer, host of CNBC's "Mad Money," has expressed optimism about subscription-based companies like Netflix and Spotify, suggesting they are well-positioned to handle economic uncertainty. In a recent analysis, he highlighted that these companies have shown resilience in their stock performance, with charts indicating strong fundamentals and consumer loyalty. Cramer pointed out that despite broader market volatility, subscription models provide a steady revenue stream, which could help these companies weather economic downturns better than others. He emphasized the importance of their ability to retain subscribers even during tough economic times, which supports their stock stability and potential for growth.

Read the Full CNBC Article at:
[ https://www.msn.com/en-us/money/top-stocks/charts-suggest-subscription-stocks-like-netflix-and-spotify-can-weather-uncertainty-says-jim-cramer/ar-AA1BzIuw ]