Jim Cramer Reflects On Nvidia's Success After Shares Hit Record High On Thursday: 'Do Opposite Of Everything That Captures Conventional Wisdom'
  • 2 months ago
Cramer, on his show “Mad Money,” highlighted the importance of believing in a stock’s potential, especially when it defies conventional wisdom. He cited Nvidia’s remarkable performance as a case in point, reported CNBC.

The company’s recent earnings report, driven by a surging demand for its AI products, surpassed Wall Street’s expectations. Cramer, a long-time Nvidia supporter, believes that many investors overlooked the stock’s long-term prospects, focusing instead on macro events like the Federal Reserve’s interest rate hikes.