On the eve of Nvidia earnings, Cramer says you can't judge the stock by 'one static quarterly snapshot'

On the day before artificial intelligence powerhouse Nvidia is scheduled to report earnings, Cramer reminded investors why he thinks the stock has intrinsic value, saying one can't assess it based on the results of one quarter.

"When you think of all these wonders from Nvidia's technology, you don't sit there and worry about how massively they can beat the estimates in one particular quarter," he said. "We can't judge Nvidia like other companies, so we certainly can't judge its stock by one static quarterly snapshot."as the world's most valuable company.

But Nvidia's technology is essential to generative AI, Cramer said, adding that he thinks the company has a leg up from its peers. He praised its new platform, Blackwell, and said it's "unduplicated by anyone else both for its speed and for its utility."

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock futures are little changed as Wall Street looks toward Nvidia earnings: Live updatesStocks rose modestly on Tuesday, with Nvidia giving the S&P 500 and Nasdaq Composite a boost.
Fonte: nbcchicago - 🏆 545. / 51 Consulte Mais informação »

Cramer looks at Disney's post-earnings stock move to explain Wall Street dynamicsCNBC’s Jim Cramer said investors want rate cuts but are also concerned by a lack of spending from consumers.
Fonte: nbcsandiego - 🏆 524. / 51 Consulte Mais informação »

Cramer looks at Disney's post-earnings stock move to explain Wall Street dynamicsCNBC’s Jim Cramer said investors want rate cuts but are also concerned by a lack of spending from consumers.
Fonte: NBCLA - 🏆 319. / 59 Consulte Mais informação »