Cramer explains why some are skeptical of Nvidia's ballooning market cap

📆 29/5/2024 20:14:00
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If Nvidia keeps up its current growth pace, Cramer said it could soar past Apple and overtake Microsoft soon.

CNBC's Jim Cramer on Wednesday reviewed the rise of several market-leading giants and described why some are suspicious about Nvidia's rise to the top.

"Somehow, to so many, it just doesn't seem right that a company they rarely interact with could be this big. To me? It's as right as when," he said. "I say all that happened is that Nvidia, at the far turn, was nowhere to be seen, but as we got to the stretch, it made its move. It shocked us."

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