Jim Cramer on how Microsoft and Nvidia grow by reinventing themselves

417 Megtekintés 43 E

Breaking down recent business moves by software giant Microsoft and chipmaker Nivida, the "Mad Money" host said the best tech stocks work because the companies underneath them are constantly innovating. Subscribe to CNBC Pro to access the full episode of Mad Money: cnb.cx/32bAheG
CNBC’s Jim Cramer said Monday it’s a mistake for investors to write Nvidia stock off as overvalued.
The U.S. chipmaker earlier unveiled new product launches and revealed it expects to beat profit estimates in the company’s current fiscal quarter.
“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”
The comments come after shares of Nvidia, which is valued at $377 billion, climbed more than 5%, closing at $608.36. Year to date, shares are up 16.5%.
“Nobody in the world has a vision like [CEO] Jensen Huang, so Nvidia the stock lives on even though it pole-vaulted $32 today,” Cramer said. “I think it will end up looking cheap a year from now based on what the company’s actually going to earn, which will most likely be a lot more than predicted.”
Amid a global supply shortage for semiconductors, Nvidia said it now figures total revenue for the first quarter will top the $5.3 billion it initially forecast.
Nvidia produces chips for a range of applications in various industries, including graphics, gaming and vehicle components.
Some of Nvidia’s new offerings include a server chip called Grace and components used for artificial intelligence, chatbots, speech recognition and self-driving cars.
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: cnb.cx/SubscribeCNBCclassic
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast

Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
www.cnbc.com/select/best-credit-cards/
#CNBC
#CNBCTV

Megjegyzés

  1. Md halim
    Md halim
    Hónapja

    Its away still ach again request hope

  2. Lora Maria
    Lora Maria
    Hónapja

    People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in Crypto ....BE WISE

    1. Bob King
      Bob King
      Hónapja

      Crypto is honestly just a big bubble.

    2. Carlos Santos
      Carlos Santos
      Hónapja

      My first investment with Expert Andrea gave me the assurance that has made me invest without the fear of losing, I got four of my friends involved with her already

    3. Carlos Santos
      Carlos Santos
      Hónapja

      My first investment with Expert Andrea gave me the assurance that has made me invest without the fear of losing, I got four of my friends involved with her already

    4. Alexei Ivanov
      Alexei Ivanov
      Hónapja

      @Angela Peters Thanks, placing my trade with Expert Karen Brown ASAP

    5. Angela Peters
      Angela Peters
      Hónapja

      +1 (5 1 6) 2 4 6 - 5 2 9 1

  3. Some Guy
    Some Guy
    Hónapja

    Stock market is massively manipulated by people just like Cramer. Move your money to the crypto market if you want a FAIR chance of making money💰. Spread the word to bankrupt the illegal manipulated stock market thieves.

  4. Toryboy1807
    Toryboy1807
    Hónapja

    Move over Gates and Allen! It was Cramer all along! 🐂💩🤣

  5. 1982rossh
    1982rossh
    Hónapja

    Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless of what is happening in the wider or broader market. Essentially, the procedure involves studying the paths of a particular asset movement in the past so as to establish a sustainable pattern that can be used to predict future movement of an asset. Doing technical analysis can be quite different which is why most newbies/traders neglect day trading their coins and stick to holding which is very dangerous as when the market goes bearish, My advise any newbies/traders to buy the dip for traders who are still wondering to enter the market or old time traders who are holders to seek help from not just any trader but an established trading expert with at least 96% trade accuracy . I underwent series of trading loses I'd best not talk about before I was introduced to trading analyst Dr Benjamin Aldrich. My contact with her has been the Pinnacle of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.6 BTC to 7 BTC in just 5 weeks. I will advice traders esp newbies to have orientation of trading before they involve in it. Ben Aldrich makes you learn daily while you make profit with his signals. Aldrich can be contacted via what's app : +447-86871-4959 ** and telegram: Ben_Aldrich * for inquiries ....

  6. 1982rossh
    1982rossh
    Hónapja

    Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless of what is happening in the wider or broader market. Essentially, the procedure involves studying the paths of a particular asset movement in the past so as to establish a sustainable pattern that can be used to predict future movement of an asset. Doing technical analysis can be quite different which is why most newbies/traders neglect day trading their coins and stick to holding which is very dangerous as when the market goes bearish, My advise any newbies/traders to buy the dip for traders who are still wondering to enter the market or old time traders who are holders to seek help from not just any trader but an established trading expert with at least 96% trade accuracy . I underwent series of trading loses I'd best not talk about before I was introduced to trading analyst Dr Benjamin Aldrich. My contact with her has been the Pinnacle of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.6 BTC to 7 BTC in just 5 weeks. I will advice traders esp newbies to have orientation of trading before they involve in it. Ben Aldrich makes you learn daily while you make profit with his signals. Aldrich can be contacted via what's app : +447-86871-4959 ** and telegram: Ben_Aldrich * for inquiries ....

  7. Leroy Rodgers
    Leroy Rodgers
    Hónapja

    Depressed that I bought nvidia on the way down in February March and had to sell. I had to learn the hard way I suppose.

  8. worrell30
    worrell30
    Hónapja

    After you just laughed at us for investing in tech and not shovels and widgets. After saying all tech is overpriced.

  9. J T
    J T
    Hónapja

    These fools say get out of growth stocks now they say jump back in at all time highs this media is bull!!!! 😡

  10. mw99ch
    mw99ch
    Hónapja

    What a hypocrit. Idiot changes hus opinion more than a dog licks his balls. Do this: avoid watching youtube for financial stuff and just buy big tech and a little bit of bitcoin. Log out from your broker account and check it every 5 or 10 years (if you are that young). Nothing more to do than that.

  11. Deonte Giovanni
    Deonte Giovanni
    Hónapja

    There will be an increase and explosion in the next few weeks that will push the BTC up to great increase. If this is the case, this means EXIT for traders , because we then expect a correction of up to 60 percent. Those who are long invested can sit it out with peace of mind ... Because technically, after the sharp correction, the price will then level off at 57 to 63 and then attack the 90s. This scenario can last for a period of 7 to 15 months. As I said ... long positions, lean back confidently and just don't look at the daily rates. Traders should stay awake from 70 onwards ... A setback of 30 percent in a few hours is normal and the next day is minus 30 Percent in your pocket. I have made over 21BTC profits since October not just by buying the dip but implementing trades with signals supplied by Dr. Bruce Olsen. For inquires into a profitable system you can reach out to him on TeIe-qram (@Bruce_signal7)

  12. Mateo Montero
    Mateo Montero
    Hónapja

    jimmy chill called NVDA a value play? loooooooool

  13. Darko Leskovšek
    Darko Leskovšek
    Hónapja

    Oh so now we should be buying seemingly overvalued tech stocks? You guys... 🙄

  14. mrPmj00
    mrPmj00
    Hónapja

    - BUY NVIDIA for the chips. Best companies: Amazon, Apple, Facebook, Nvidia, Microsoft, Nvidia, Netflix, Zoom so these are the stocks you want to own. Also Wells Fargo, Disney for the recovery. Resistance is futile.

  15. T Pf
    T Pf
    Hónapja

    You know who makes the best performing, scalable ARM chips? Apple. You know who wouldn't sell the best to other companies? Also Apple. No other company could reject such a huge market but Apple

    1. arronfeller50
      arronfeller50
      Hónapja

      you do realize Apple doesn't own ARM... ARM is owned by a Japanese company named Softbank.

    2. Carol Martin
      Carol Martin
      Hónapja

      Where are you at ?

  16. Bozo The Clown
    Bozo The Clown
    Hónapja

    Did they replace Cramer with a CGI version? Edit: Thanks Jim, I'll invest in AMD and TSM.

    1. Victorkapz
      Victorkapz
      Hónapja

      haha.. i actually love Nvidia, but not at this price

  17. Sic narf
    Sic narf
    Hónapja

    this guy has no dignity. whats the price of that?

  18. George McGovern
    George McGovern
    Hónapja

    What ever Microsoft buys....dies in time from their neglect.

  19. More Volume
    More Volume
    Hónapja

    Follow him to the poor house. Remember Plug Power? How about Nikola?

  20. YungBull1999
    YungBull1999
    Hónapja

    JIMMMYYYY NVDA BABAAYYY

  21. These Nuts
    These Nuts
    Hónapja

    SPY, QQQ and Nasdaq up but my portfolio in the red since March.

  22. Asad Mobin
    Asad Mobin
    Hónapja

    I love they still do it on his set with a tv lol

  23. Oliver W
    Oliver W
    Hónapja

    love it !

  24. Luis Dajer
    Luis Dajer
    Hónapja

    Nvidia is a steal at $600

    1. Luis Dajer
      Luis Dajer
      Hónapja

      @Darko Leskovšek Nvidia is one stock that did not have the same rally that we saw in tech last year. It kinda lagged and just chillled about in the 500 range for months. This is when I first bought it. I bought a few more at 550 and would buy at 600. Just because Cramer says buy tech doesn't mean all tech is good. If you notice, there are certain companies in tech that have lagged behind. Ex: Google

    2. Darko Leskovšek
      Darko Leskovšek
      Hónapja

      it was under $500 not even two weeks (EDIT: went back and checked it was like a 4 weeks) ago when he was telling people to sell off tech. Guess it wasn't such a steal back then 🤷‍♂️

  25. Adam Chodaba
    Adam Chodaba
    Hónapja

    Nice opportunity to sell NVDA and buy AMD

  26. YuukiRbrn LeClavier
    YuukiRbrn LeClavier
    Hónapja

    Screw Nvidia and Microsoft! If tech stocks are dangerous to jump into right now, why on earth would those be exceptions right now of all the tech stocks? Lol

  27. Brian Guy
    Brian Guy
    Hónapja

    I like tech. He’s right about tech. I can’t wait for ASXC Surgical robots that just got better FCC approval.

  28. M A
    M A
    Hónapja

    Getting bullish on tech again? 2 weeks ago you said to avoid them. You said they couldn’t go up in this environment. What happened? Should I buy more SNOW? Remember? You loved it & its CEO and pushed it all the way to 420s.

    1. cashmonyz
      cashmonyz
      Hónapja

      nndm

  29. Jerry J
    Jerry J
    Hónapja

    Nvda is a good stock BUT you will see it goes down 550 or below in short term. Msft was a surprise.

  30. June Smith
    June Smith
    Hónapja

    NVDA 625-630 tomorrow, elliott wave here, perfect setup.

    1. Mahdi
      Mahdi
      Hónapja

      You were actually right. Holy moly.

    2. cashmonyz
      cashmonyz
      Hónapja

      nndm

    3. emma offor
      emma offor
      Hónapja

      Likewise Cloudera!

  31. David Sun
    David Sun
    Hónapja

    Tech Rally incoming

  32. Brandon Koolhaas
    Brandon Koolhaas
    Hónapja

    GOAT for tech? Has Apple and Tesla left the chat?

    1. Henry Bai
      Henry Bai
      Hónapja

      @Brandon Koolhaas I said nvidia is "still working with tesla" i never said their chips were on tesla cars 🚗 😤🤨💀

    2. Brandon Koolhaas
      Brandon Koolhaas
      Hónapja

      @Henry Bai And Apple should at least be in the discussion for best tech company, they haven't done much recently but they do design their own chips in Apple's defense

    3. Brandon Koolhaas
      Brandon Koolhaas
      Hónapja

      @Henry Bai Read my comments, I said they havent used them in the car since April 2019, and then you disagreed

    4. Henry Bai
      Henry Bai
      Hónapja

      @Brandon Koolhaas so... what happened to Apple, u said Apple and tesla. Wym "tesla is the only one in the chat"

    5. Henry Bai
      Henry Bai
      Hónapja

      @Brandon Koolhaas did I say they're in the car? Wanna check if I did?

  33. Smash Hit The Rise Special Kapamilya
    Smash Hit The Rise Special Kapamilya
    Hónapja

    This 2021-2024 Smash Hit: The Rider Jim Cramer on how Microsoft and Nvidia grow by reinventing themselves

  34. Thomz AD
    Thomz AD
    Hónapja

    I read this title as 'grow by exposing themselves'... I have issues.

  35. Xavy
    Xavy
    Hónapja

    I say drug test jimmy

    1. Henry Bai
      Henry Bai
      Hónapja

      haha so funny

  36. Trevor Ritchie
    Trevor Ritchie
    Hónapja

    Talking about autonomous vehicles without Tesla? Come on Jim bo

  37. red lee
    red lee
    Hónapja

    Cramer really thinks we owe him something for coming up with FAANG

    1. George McGovern
      George McGovern
      Hónapja

      He didn’t trademark FAANG and has lost out...so he has to brag about creating it

  38. Mark Chandler
    Mark Chandler
    Hónapja

    Can someone explain why Jim always refers to Dow as "points" and Nasdaq/S&P he uses the term "percent" instead? Like he reports the Dow dropped 55 points rather than saying 0.16%, but every time with Nasdaq and S&P he would say "dropped 0.16%" rather than "dropped 55 points" Thanks

    1. Username18981
      Username18981
      Hónapja

      30000 points to 4000 points. Small moves would make for hilarious percentages so I don't doubt points become more a habit.

  39. Armin
    Armin
    Hónapja

    Someone is balls deep into nvidia stock.

    1. Shaun Ahmed
      Shaun Ahmed
      Hónapja

      looks like im getting out of nvidia, cheers jim

  40. iKeanuHD
    iKeanuHD
    Hónapja

    Google can make more money from youtube? Have you ever been on HUfrom!!?? This video had 5 unscipable ads of 20 seconds and i got 2 push notifactions of youtube trying to sell me their subscription

    1. Mark Honestly
      Mark Honestly
      Hónapja

      So am I bro, so am I. Only have a mobile at the moment. Do a little homework before coming to class next time 🍌

    2. iKeanuHD
      iKeanuHD
      Hónapja

      @Mark Honestly i'm talking about mobile

    3. iKeanuHD
      iKeanuHD
      Hónapja

      @Jon Jo i have but i can't block ads when i'm on mobile

    4. Mark Honestly
      Mark Honestly
      Hónapja

      I had zero ads. Grow up and install adblock

    5. Jon Jo
      Jon Jo
      Hónapja

      You can block the ads with adblock. Over a quarter of users already block ads, the ones who don't also happen to be the demographics that are least likely to buy the products advertised.

  41. Richard Davis
    Richard Davis
    Hónapja

    Sound advice gonna invest in nvidia

    1. H. C
      H. C
      Hónapja

      Nvidia powers most computing power hardwares from PC to smartphones. It's here to stay.

    2. Carol Martin
      Carol Martin
      Hónapja

      better still apply for 15,200$ Reliefgrant am sure it will go a long way for you is non refundable I have gotten mine already

  42. Sean
    Sean
    Hónapja

    Hey CNBC, make my audio not weird when Cramer remotes in.

  43. Aaron Kraft
    Aaron Kraft
    Hónapja

    Let’s make that money

    1. Sean
      Sean
      Hónapja

      I see your mission is also simple