Cramer is still anti-Tech for the summer, but his speculation tech stock is NVIDIA (NVDA). He said this just hit a new-52-week high. It’s one of the few winners in the PC-supply chain because of high-end graphics chips that is taking market share from AMD’s (AMD) ATI unit. Shares today were up 4.5% to $39.55 and traded up 0.5% to $39.75 after Cramer named it a speculative tech stock. The reason this one isn’t up as much is that it is already worth $15.4 Billion in market cap and the market share gain is known. Also speculating just because of a 52-week high has left too many people holding the bag.
Jon C. Ogg June 15, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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