Wall Street's most recognizable stock commentator just made a call. He wants a company to announce the biggest share repurchase in corporate history. That company is already buying back tens of billions of its own stock.
Jim Cramer made the case on "Mad Money" on Sept. 1. He argued that Nvidia should begin a $500 billion buyback and repurchase shares daily. He pointed to Apple as the model, CNBC reported.
"I'd quintuple the buyback authorization," Cramer said. "Announce a monster half trillion dollar buyback and repurchase a tenth of the company in a fairly aggressive fashion, every day, clockwork, and get bigger on the down days."
The proposal would dwarf what Nvidia already has in place.
In May, Nvidia's board approved an additional $80 billion in share repurchases with no expiration date. In the first two quarters of fiscal 2027, the company bought back nearly $40 billion of stock. That is almost as much as it bought back in all of fiscal 2026.
#announce
Jim Cramer made the case on "Mad Money" on Sept. 1. He argued that Nvidia should begin a $500 billion buyback and repurchase shares daily. He pointed to Apple as the model, CNBC reported.
"I'd quintuple the buyback authorization," Cramer said. "Announce a monster half trillion dollar buyback and repurchase a tenth of the company in a fairly aggressive fashion, every day, clockwork, and get bigger on the down days."
The proposal would dwarf what Nvidia already has in place.
In May, Nvidia's board approved an additional $80 billion in share repurchases with no expiration date. In the first two quarters of fiscal 2027, the company bought back nearly $40 billion of stock. That is almost as much as it bought back in all of fiscal 2026.
#announce
11 days ago
