Nvidia Up By 190% Since Cramer Trashed it Eight Months Ago

May 25, 2023

Inverse Cramer strikes again, and this time it came for the American multinational technology company, Nvidia.

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On Sept. 19, 2022, Cramer suggested that Nvidia, known for designing and manufacturing (GPUs), would suffer due to an Ethereum merger.

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Nvidia was trading at $133.82 per share the day Cramer said, “Short Nvidia, it's a loser."

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Since then, the company shares have been up by as high as 190% which has visibly spooked Cramer.

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CNBC’s Jim Cramer has a reputation for making bad market predictions, thus giving rise to the Inverse Cramer Theory.

He has actively supported now-failed ventures like First Republic Bank and Silicon Valley Bank before their stock prices tanked.

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As per the Inverse Cramer Theory, investors actively bet against Jim Cramer by shorting stocks he touts on his show ‘Mad Money’ and making profits.

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