CNBC's Jim Cramer told investors on Friday to brace themselves for the week ahead as they wait for a debt ceiling resolution.
"Many people feel this is the most overhyped and overblown stock in the entire market right now because it's valued at $770 billion," Cramer said.
"I know that's a huge market capitalization, but in the end stocks are valued on their future earnings prospects and given that Nvidia's the backbone of artificial intelligence, you could argue it has the best prospects of any company in the S&P 500."is expected to file a dismal report on Thursday, Cramer said, adding that the only hope for the company would be having a stock so heavily shorted that it won't go down despite a poor quarter.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
With a debt ceiling deal on the horizon, Jim Cramer says stay invested, but keep cash in reserve to buy into weaknessCNBC's Jim Cramer said on Wednesday to keep a cool head and not to agonize over investments as Washington edges closer to a debt-ceiling deal.
Lire la suite »
Agco CEO says food inflation is here to stay, even if the war in Ukraine ends tomorrowAgco CEO Eric Hansotia told CNBC's Jim Cramer that grain supply chain issues will persist, even if the end of the Ukraine war were on the horizon.
Lire la suite »
CNBC Daily Open: Farewell for now, default fearsProgress on U.S. debt ceiling talks and a sign of health at one regional bank gave markets the confidence to rally Wednesday.
Lire la suite »
CNBC and Boardroom partner for inaugural 'Game Plan' summit on July 25Boardroom co-founder and CEO Rich Kleiman joins 'Squawk Box' to discuss the 'Game Plan' conference, an upcoming partnership between CNBC and Boardroom on July 25th featuring influential leaders across sports and business.
Lire la suite »
Fed's Logan: Data does not support skipping rate hike at next meeting – CNBCDallas Federal Reserve President Lorie Logan said on Thursday, as reported by CNBC, on a speech due later at the Texas Bankers Association 138th Annua
Lire la suite »