Nvidia Could Surpass Microsoft in Market Value, Says Jim Cramer: Here's Why
Portfolio Pulse from Anusuya Lahiri
Jim Cramer suggests that Nvidia (NVDA) could surpass Microsoft (MSFT) in market value due to its significant role in AI, cloud computing, and data centers. Nvidia's products are becoming essential for tech infrastructure, and it is seen as a key AI beneficiary. Nvidia's stock has gained over 186% in the last 12 months.
May 30, 2024 | 1:07 pm
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POSITIVE IMPACT
Investors can gain exposure to Nvidia's growth through the Return Stacked Bonds & Managed Futures ETF Grizzle Growth ETF (DARP), which includes Nvidia.
As Nvidia's stock is expected to perform well, the Grizzle Growth ETF (DARP), which includes Nvidia, is likely to benefit.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Jim Cramer suggests Nvidia could surpass Microsoft in market value due to its significant role in AI, cloud computing, and data centers. Nvidia's products are becoming essential for tech infrastructure.
Nvidia's significant role in AI, cloud computing, and data centers, along with its rapid stock price increase, suggests a positive short-term impact on its stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Investors can gain exposure to Nvidia's growth through the VanEck Semiconductor ETF (SMH), which includes Nvidia.
As Nvidia's stock is expected to perform well, the VanEck Semiconductor ETF (SMH), which includes Nvidia, is likely to benefit.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
Jim Cramer suggests Nvidia could surpass Microsoft in market value, highlighting Nvidia's significant role in AI and tech infrastructure.
While the news highlights Nvidia's potential to surpass Microsoft in market value, it does not directly indicate a negative impact on Microsoft's stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80