TECH - Jim Cramer Sees Nvidia As Going 'From Star Of The Show To Being The Goat Of The Game' | Benzinga
CNBC’s Jim Cramer, on Monday, highlighted the positive performance of the stock market but cautioned that the upcoming Big Tech earnings could determine the market’s future.
What Happened: Despite the positive market performance, Cramer warned that the upcoming Big Tech earnings, including those of Tesla Inc (NASDAQ:TSLA), Meta Platforms Inc (NASDAQ:META), Microsoft Corp (NASDAQ:MSFT), and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), could determine the market’s future. These reports will indicate whether the recent tech sell-off will continue or come to an end, reported CNBC.
Chipmaker NVIDIA Corp (NASDAQ:NVDA) experienced a 4% rise on Monday, following a 10% drop on Friday. Cramer noted that while the stock has recovered, it may not be enough to offset the losses from Friday.
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“Nvidia’s gone from being the star of the show to being the goat of the game, and I’m not talking about the greatest of all time,” Cramer said. “We’ve learned from multiple pieces of research that Nvidia is doing quite well. I think the stock finally ...