Jim Cramer Cites CUDA Moat as Nvidia Holds at $210.96 After MS Upgrade

Nvidia closed at $210.96 on July 11, up 4% for the week, as a string of analyst notes framed the pullback as a valuation opportunity. Bank of America opened the period on July 8 with a reiterated Buy and $350 target, highlighting a seven-year-low forward P/E and sustained mid-70% gross margins. Citi followed on July 9-10 after direct IR contact, confirming the Kyber roadmap is intact with minimal margin pressure. Morgan Stanley capped the sequence on July 11 by reiterating Overweight and a $288 target, stressing diversified demand from AI labs, enterprises, sovereign projects and neoclouds ahead of the August 26 earnings report. Jim Cramer reinforced the bullish tone on July 12-13, citing Nvidia’s CUDA moat and record quarterly free cash flow.