Jim Cramer Has A Message For Nvidia Non-Believers — 'Valuation Is More Of An Art Than Many Would Like'
Portfolio Pulse from Bhavik Nair
Jim Cramer defends Nvidia's soaring valuation, stating that valuation is more of an art. He highlights the company's moat and dependency of major companies on Nvidia. The chipmaker's Q1 revenue exceeded estimates and the stock has risen 172.06% YTD.
May 30, 2023 | 5:08 am
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Jim Cramer defends Nvidia's soaring valuation and highlights its moat. The company's Q1 revenue exceeded estimates and the stock has risen 172.06% YTD.
Jim Cramer's defense of Nvidia's valuation and highlighting its moat can positively impact investor sentiment. The company's Q1 revenue beat estimates, and the stock has risen significantly YTD, indicating strong performance and potential for further growth.
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