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CNBC's Cramer Calls Nvidia Stock a "Buy"

July 6, 2026 at 15:26 EDT

Infra & Chips
Finance

CNBC personality Jim Cramer declared Nvidia (NVDA) stock a "buy" on July 6, 2026, citing the company's assurance that its AI chip roadmap remains "intact." Cramer said that Nvidia's claim its roadmap is unchanged "to me, means buy," echoing the same view on associated investor-facing media the same day. NVDA was trading at roughly $196 at the time, following a decline of about 5% over the prior 30 days. watcher.guru

July 3, 2026 · Mad Money

Cramer Calls NVIDIA a "Buy" on the Dip — a PE of 22 Is "Incredibly Cheap"

After a monthly slide of more than 5%, the call is to own — not trade — NVIDIA, resting on a strong data center business and an intact roadmap. No new product; just a valuation case during the pullback.

−5%+

Monthly share decline at the time of the call

22×

Price-to-earnings ratio — called "incredibly cheap"

Own

Stock to hold long-term, not trade

Valuation, drawn to scale

A PE of 22 — each block ≈ 5× earnings. The argument: a low column for a market leader.

22×

NVIDIA PE
"cheap"

≈5×

per block
(earnings unit)

The bull case, in three lines

Core business

Dominant in AI GPUs & accelerators; data center demand from hyperscalers.

Roadmap

Intact — existing items like Vera Rubin, no new earnings figures needed.

Proposal

Pursue an Apple-style large-scale buyback.

Long-term ownership

Fundamentals underpinned by strong hyperscaler demand; the roadmap remains intact and valuation looks undemanding on the dip.

The skeptics

A famous endorsement can be a contrarian sell signal; competition from Broadcom and in-house ASICs at Google, Amazon and Microsoft weighs on shares.

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