By GuruFocus News
Publication Date: 2026-10-07 03:00:00
On October 06, 2026, as U.S. stock indices reached new historical highs, CNBC’s Jim Cramer emphasized the enduring influence of artificial intelligence (AI) on major tech stocks, particularly highlighting Nvidia NVDA. Cramer pointed out the notable divergence in the market as stock indices rise alongside increasing U.S. Treasury yields, which typically pressure high-valuation tech stocks. However, robust performances from AI leaders like Nvidia have helped uplift market indices.
- GF Value™ verdict: Nvidia is currently trading at $239.24, which is 40.7% undervalued compared to its GF Value™ of $403.34.
- GF Score™: 95/100, indicating strong overall performance.
- Financial Strength: Nvidia boasts a strong financial strength rating of 9/10.
What’s Behind the News?
The recent surge in U.S. stock indices, including a 1.05% increase in the Nasdaq Composite, which closed at a record high of 27,477.31, reflects investor optimism, particularly in technology stocks driven by AI advancements….
