Jim Cramer calls for massive Nvidia share buyback
Jim Cramer says Nvidia $NVDA should consider an Apple-style share repurchase program that could potentially reach as much as $1 trillion over time.
Cramer argues that a substantially larger buyback could help translate Nvidia's earnings and cash-flow growth into stronger per-share value and provide additional support for the stock.
A program of that magnitude would be extraordinary even for Nvidia and remains Cramer's proposal rather than an announced company plan.