Nvidia's stock popped about 5% in the first day of trading after the deal, worth $40 billion, was publicized. But the stock has given back those gains, ending Thursday's session about 4% below that Sept. 14 close, in what has been a tough month for Wall Street overall.host said the biggest question right now is not whether the deal makes sense for Nvidia but whether the chipmaker will receive the necessary approvals by regulators around the world.
Cramer has long been a fan of Nvidia — back in November, when the stock was trading around $200 per share, he told viewers it should beyour children should buy if they wanted to start investing. It's up more than 130% since then. "Arm's not really a competitor — when it comes to antitrust, that's normally a pretty good argument," said Cramer, explaining that Nvidia's a heavy hitter in the gaming and data center space, while Arm's best-known presence is in the world of mobile phones.
Likely the very reason it won’t be approved
I liked $NVDA better at $100 in Feb. 2017, but it could do well from here.
And if its not approved Jim do we get to hand back the shares when they plunge
...and he will say he “took some off the table tomorrow” 🤷♂️
Do opposite of what Jim says always
Worthwhile read attached below. Among other comments, if Arm is such a great company, how come its value only increased from $32 billion in 2016 . . . to $40 billion now? It danged well better provide synergy!
I’ll take that bet here !! jimcramer ... much better entry point than here..I’d bet on it!!! Wait until she hits that 450-460 range.. won’t have to wait much longer !!!
Like Apple & Amazon & Microsoft, you own it & not trade it.
Will the $nvda deal go through?
He’s disregarding the fact that SoftBank ran the stock up so Nvidia can do a cash and stock offer. Nvidia is great but this deal is a big risk. $AMD is coming and they know it. They need to keep the foot on the pedal to avoid the Intel plague.
People in “finance” industry might as well be politicians with as much bullshit they sling
I agree
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