The Dow, S&P 500 and Nasdaq hit record highs on tame inflation data. Nvidia broke out, leading new buys.
While consensus Wall Street forecasts call for the chip maker to report first-quarter revenue of $24.51 billion, it will likely need to beat that for the stock to rise significantly.
Jim Cramer has been a big believer in NVIDIA Corp (NASDAQ:NVDA), recommending the stock almost every week since late 2023. However, amid the recent lackluster performance of NVIDIA Corp (NASDAQ:NVDA), Cramer sounded a bit disappointed, saying the stock now seems to “rally far less than it goes down.” However, Cramer reiterated that he believes NVIDIA […]