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Jim Cramer says Nvidia stock will bottom only after most analysts downgrade it amid CEO scandal.

Market News
11 Nov 2026, 16:51 WIB
Finbold
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Bearish
Jim Cramer says Nvidia stock will bottom only after most analysts downgrade it amid CEO scandal.

Jim Cramer commented that Nvidia's stock price will only find a bottom once the majority of Wall Street analysts downgrade their ratings, amid recent turmoil and allegations against CEO Jensen Huang. He criticized analysts who have downgraded Nvidia as 'early birds' and called those who haven't yet downgraded 'fair-weather friends.' Despite the scandal, Nvidia has seen only two major downgrades so far, with price targets still suggesting potential gains. Cramer's remarks highlight skepticism about analyst loyalty and the stock's future direction.

Nvidia's stock price on Pluang stands at USD 172.94, up 2.46% as of Nov 11, 2026 22:01 WIB, showing resilience despite recent controversies. The stock's 52-week low is USD 165.17, indicating it remains above its yearly bottom. Pluang investors hold Nvidia shares for an average of 118 days, with a majority (64%) currently buying rather than selling, highlighting ongoing confidence amid the analyst downgrade debate.

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