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Jim Cramer: Own Nvidia, Don't Trade It, as it Hits $4 Trillion Market Cap

CNBC TelevisionAugust 7, 20251 min2,799 views
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Nvidia's Historic $4 Trillion Milestone

  • πŸš€ Nvidia has achieved a monumental feat, becoming the first company to reach a $4 trillion market capitalization.
  • πŸ“ˆ This significant milestone captivated the market, contributing to the Dow's gain of 218 points, the S&P's advance of 61%, and the NASDAQ's climb of 95%.

Jim Cramer's Investment Advice

  • πŸ’‘ Cramer's consistent advice regarding Nvidia has been to "own it, don't trade it."
  • 🎯 This strategy is emphasized as the company surpasses the $3.7 trillion mark to hit $4 trillion.

The Leadership of Jensen Huang

  • 🌟 Jensen Huang, the CEO of Nvidia, is highlighted as an exceptional executive with a remarkable journey.
  • πŸ› οΈ Huang's early career experiences working at Denny's as a busboy and dishwasher are noted, with Cramer observing that Huang still maintains a humble, hardworking, and respectful demeanor.
  • 🚫 Despite the immense success, Huang is characterized as someone who avoids complacency and hubris, remaining focused on continued progress.
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Transcript6 segments

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What’s Discussed

NvidiaMarket CapitalizationJim CramerMad MoneyJensen HuangNASDAQDow JonesS&P 500Technology Stocks
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