Jim Cramer Addresses Nvidia's Critics In Light of Stock Surge

Jim Cramer, known for hosting CNBC's 'Mad Money', recently called out the doubters of Nvidia Corporation (NVDA) as the technology company's shares reached unprecedented levels.

Breaking Records

Amidst a bustling Thursday, Cramer expressed his thoughts on a social platform, drawing attention to the impressive spike in Nvidia's stock value. "Nvidia crashes through all-time high... Where are the bears? Where are those who leaned on it and panicked? Where are those who don’t know who Kress and Jensen are??" he challenged in his post.

Nvidia's Financial Triumph

There was a significant buzz around Nvidia's financial figures, with a particular focus on the Q4 revenue, which was projected to hit $20.62 billion. This forecast marks a substantial leap from the $7.19 billion reported in the same period the previous year. Cramer has been attentively monitoring the company's earnings trajectory.

In the lead-up to the earnings announcement, Nvidia’s shares faced a 6.7% dip, an event Cramer suggested could be a buying opportunity for new investors rather than a cause for concern. His stance suggests that drops in stock prices can sometimes represent advantageous moments to enter the market.

Cramer, Nvidia, Stocks