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2021-04-13

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Jim Cramer says Nvidia shares will ‘end up looking cheap’ next year as stock nears record high

KEY POINTS CNBC’s Jim Cramer recommended buying shares of Nvidia after shares rallied 5% Monday on

Jim Cramer says Nvidia shares will ‘end up looking cheap’ next year as stock nears record high

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJim Cramer says Nvidia shares will ‘end up looking cheap’ next year as stock nears record high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-13 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/12/nearing-record-high-cramer-says-nvidia-will-look-cheap-next-year.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nCNBC’s Jim Cramer recommended buying shares of Nvidia after shares rallied 5% Monday on new product announcements and a raised projection.\n“Nvidia’s stock looks expensive because the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/12/nearing-record-high-cramer-says-nvidia-will-look-cheap-next-year.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.cnbc.com/2021/04/12/nearing-record-high-cramer-says-nvidia-will-look-cheap-next-year.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129466392","content_text":"KEY POINTS\n\nCNBC’s Jim Cramer recommended buying shares of Nvidia after shares rallied 5% Monday on new product announcements and a raised projection.\n“Nvidia’s stock looks expensive because the company almost always beats the earnings estimates and beats them handily,” the “Mad Money” host said.\n“That means those projections are borderline irrelevant, people. The stock ultimately turns out to be cheap in retrospect,” he said.\n\nCNBC’s Jim Cramer said Monday it’s a mistake for investors to write Nvidia stock off as overvalued.\nThe U.S. chipmaker earlier unveiled new product launches and revealed it expects to beat profit estimates in the company’s current fiscal quarter.\n“Nvidia’s stock looks expensive because the company almost always beats the earnings estimates and beats them handily,” the “Mad Money” host said. “That means those projections are borderline irrelevant, people. The stock ultimately turns out to be cheap in retrospect”\nThe comments come after shares of Nvidia, which is valued at $377 billion, climbed more than 5%, closing at $608.36. 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