Jim Cramer Challenges Nvidia Critics Amid Record Stock Highs: 'Where Are The Bears?'
Jim Cramer, CNBC’s “Mad Money” host, questioned the sceptics of Nvidia Corporation (NASDAQ:NVDA) as the company’s stock soared to new heights.
What Happened: On Thursday, Cramer took to X, formerly Twitter, commenting on the record-breaking performance of Nvidia’s stock.
“Nvidia crashes through all-time high… Where are the bears? Where are those who leaned on it and panicked? Where are those who don’t know who Kress and Jensen are??” Cramer posted.
See Also: ‘Dogecoin Killer’ Shiba Inu Daily Transactions Surge To 2.4M, SHIB Only 1.8% Off From Erasing A Zero
Why It Matters: Nvidia’s Q4 revenue was expected to come in at $20.62 billion, a significant jump from the $7.19 billion reported in the prior year period. This uptick in anticipation and the subsequent success of the tech giant’s earnings has been closely followed by Cramer.
Just a day before the earnings report, Nvidia’s shares experienced a sharp 6.7% drop, which Cramer viewed as a potential investment opportunity rather than a setback. He even advised new investors to consider this an NVDA market entry point.
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