Jim Cramer's Says This Stock Is Primed for a “Huge Move”

Jim Cramer expects a huge move in Snowflake stock after a blowout quarter. Broadcom earned a far more cautious verdict. The CNBC host weighed in after both companies reported. Snowflake and Broadcom both cleared estimates, yet only one drew unqualified praise in the artificial intelligence (AI) trade. Jim Cramer Snowflake Verdict Follows a Blowout Quarter Snowflake reported product revenue of $1.49 billion for its fiscal second quarter, up 37% from a year earlier. Adjusted earnings hit $0.62 per share. Management lifted full-year product revenue guidance to $6.07 billion. Shares jumped 23.27% to $377.00 in pre-market trading from Wednesdays $305.84 close. The stock had slid 7.4% over the five sessions into the report. Cramer flagged the valuation in the same breath as the beat. He called it the cleanest way for hesitant enterprises to buy compute on demand. So Snowflake remains the best way for the uncertain to get compute but Broadcom tells a story of an explosion of business coming. Snowflake will have a huge move. Broadcom? More nuanced His enthusiasm marks a shift. Last week, he praised Marvells quarter yet warned that its price had already run too far. Snowflake Inc. Stock Chart. Source: TradingView Broadcom Triples AI Revenue Yet Wall Street Hesitates Broadcom delivered $16.7 billion in AI semiconductor revenue, a 221% jump. Total revenue rose 86% to $29.6 billion, and adjusted earnings reached $3.32 per share. Chief Executive Hock Tan guided fourth-quarter AI sales to $21.7 billion. He has secured a supply to roughly double AI revenue to about $115 billion in fiscal 2027. Tan flagged a path toward $230 billion in fiscal 2028. Investors still balked. Cramer welcomed the raises, then hedged. Hock giving you some nice raises for next year and the year after. Thats what we have been looking for. Maybe i am too hopeful Small position for the trust Jim Cramer, post The trust is his CNBC Investing Club portfolio. Total fourth-quarter guidance of $34.8 billion landed just under consensus. The stock slipped 2.58% to $357.76 in pre-market trading, extending a 4.5% monthly decline. Broadcom (AVGO) one-month chart. Source: TradingView Analyst forecasts before earnings were already skewed heavily bullish, leaving little room for surprise. AMDs post-earnings selloff in August showed how fast strong chip numbers can disappoint. Cramers split verdict leaves one clear test. Snowflake has to turn AI demand into margin, while Broadcom has to prove Tans 2028 math. Read the article at BeInCrypto