Wall Street gets more bullish on Nvidia (again). Where Jim Cramer stands going into earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

'I'm not saying sell. I just question the valuation being created by this endless level of enthusiasm,' Jim Cramer said Monday.

Following a sharp slide from its mid-July record highs, Nvidia seems to be coming back into favor ahead of its quarterly release Wednesday evening. It's hard to even fathom the words "back in favor," considering the stock has more than tripled in 2023. But before last Monday's 7% gain and this Monday's more than 8% advance, shares of Nvidia had dropped nearly 14% from their all-time high close of $474.94 each on July 18 to their most recent closing low of $408.55 on Aug.

Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., announces the EGX Edge Supercomputing Platform during the company's event at Mobile World Congress Americas in Los Angeles, California, Oct. 21, 2019.Following a sharp slide from its mid-July record highs,

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Jim Cramer's top 10 things to watch in the stock market MondayStocks edge up in premarket trading Monday, following three-consecutive weeks of losses, as the market looks to Nvidia's (NVDA) quarterly report.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Here are 14 stocks Jim Cramer is watching, including Amazon, Salesforce, Goldman SachsHere are some of the tickers on my radar for Monday, Aug. 21 taken directly from my reporter's notebook.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Jim Cramer says this surging cybersecurity is gaining market share and proving doubters wrongPalo Alto Networks is a compelling stock to own as it gains share in the increasingly important cybersecurity market, CNBC’s Jim Cramer said.
Источник: NBCLA - 🏆 319. / 59 Прочитайте больше »

Top Wall Street analysts pound the table on these 5 stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Amazon and Netflix.
Источник: NBCPhiladelphia - 🏆 569. / 51 Прочитайте больше »