CNBC's Jim Cramer on Thursday told investors he hopes Wall Street will abandon a larger-than-life view of Nvidia now that the company's long-awaited earnings report is in the rearview mirror.
Perhaps investors can now turn their attention to other worthwhile stocks that"have been lost in the Nvidia shuffle," he said.now that the company's long-awaited earnings report is in the rearview mirror. Perhaps investors can now turn their attention to other worthwhile stocks that had been"lost in the Nvidia shuffle," he said."After this quarter, I'm hoping Nvidia becomes just another company, maybe even a boring one," he said.
Wall Street had become used to Nvidia blowing past expectations — as it has for the past few consecutive quarters — and the bar was set very high leading up to the quarter.the company would have had to report an enormous beat for the stock to jump.
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