Jim Cramer Comments On Michael Burry’s NVIDIA (NVDA) Short Position

We recently published 10 Stocks Jim Cramer Discussed Including His Palantir Deep Dive. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed.

AI chip giant NVIDIA Corporation (NASDAQ:NVDA) factored into the discussion as Cramer discussed Palantir and Michael Burry’s short position in the data analytics company and the chip designer. Burry’s fund has bought more than a billion dollars of put options in the two companies’ shares, with $187 million belonging to NVIDIA Corporation (NASDAQ:NVDA). Cramer defended NVIDIA Corporation (NASDAQ:NVDA) against Burry and commented that the firm is the “best” technology company that’s crossed his radar:Jim Cramer Comments On Michael Burry's NVIDIA (NVDA) Short Position

“Look I, it’s interesting this fellow, Burry whom I don’t know, I mean he’s shorting NVIDIA too. Now that’s another one who I’ve looked at. 5 trillion dollar company. Well is it worth 5 trillion? It’s the best tech company I have ever seen. And I don’t know how to value it, other than to say when I look at the past, I see it selling at 28 times earnings when it looked like it was selling at 80 times earnings.

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Disclosure: None. This article is originally published at Insider Monkey.

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