Cramer Defends NVIDIA Ahead of Earnings and $80B Buyback
On Mad Money, Jim Cramer argued NVIDIA’s leverage makes its balance-sheet defense credible as the firm prepares to report. NVIDIA has debt-to-equity of 0.07, net debt-to-EBITDA of 0.006, and 503x interest coverage, with $49B free cash flow in the April quarter. The company plans $20B in returns and an $80B buyback, with guidance for $91B revenue (+/-2%) and 75% non-GAAP gross margin.