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Markets

Jim Cramer reveals when Nvidia stock will ‘bottom’

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While reacting to the latest Nvidia (NASDAQ: NVDA ) turmoil , the popular TV host and former hedge fund manager, Jim Cramer , appears to have estimated that one of the factors keeping the stock price elevated is the public stance of Wall Street analysts. Specifically, he published an X post on the morning of Wednesday, November 11, in which he claimed that NVDA shares can only ‘bottom’ after the majority of institutional experts ‘cut and run’. Within the same post, he called the Wall Street analysts who have already downgraded their assessment of the semiconductor giant the ‘early birds’ and described their actions as getting ‘out of the cage’.

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