CNBC’s Jim Cramer on Tuesday opined about his long-standing faith in Nvidia stock.
CNBC's Jim Cramer on Tuesday opined about his long-standing faith in Nvidia stock, even as the company shed significant market cap this week.
"I'm not going into the deep end to please those who want a market with better breadth and greater participation," he said."I'm simply going stick with the stocks of the best companies in the market.""I'm not going into the deep end to please those who want a market with better breadth and greater participation," he said."I'm simply going stick with the stocks of the best companies in the market.
But unlike Pool Corp, Nvidia's enterprise customers aren't lost easily, he said. To Cramer, the company's customers aren't likely to take business elsewhere as they risk falling behind their peers on the cloud infrastructure front. Cramer added that Nvidia and its megacap peers that can"pay cash" aren't concerned with interest rates.
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