Jim Cramer gave Highlights about NVIDIA Corporation (NYSE:NVDA), sharing a game plan on what to buy, sell and hold right now. One club member asked how the company’s multibillion-dollar investments in other companies affect shareholders and whether owning shares provides indirect exposure to those holdings. Cramer responded:
Well, this is a really important question. First of all, I know NVIDIA is going down. Like, I’m not an idiot. I mean, you look and the stock is going down. They had a great meeting, and when you have a great meeting and the stock goes down afterward, it means that the stock is part of a cohort that is suffering right now, and that is technology. I think you can’t take a look at NVIDIA every day. I know that if you feel like, like I’ve been saying, look, I think it’s coming to you, you can sell a little bit and buy it back later. I think that’s too complicated for most.
The investments that NVIDIA makes are part of the creation of an ecosystem that NVIDIA wants to use. Because what NVIDIA is trying to do is make it the biggest stock, the biggest company when it comes to writing software, the biggest company when it comes to artificial intelligence, and it’s doing that. And I think people have to recognize that yes, right now they are not in favor of it. Google is not in favor. Meta is not in favor. It’s just cyclical. Will come back. But the problem is that now people say: I want it now. And I’m going to tell you right now that you won’t understand because the war is still going on.
Photo by Javier Esteban on Unsplash
NVIDIA Corporation (NASDAQ:NVDA) develops artificial intelligence and accelerated computing platforms, gaming and professional GPUs, cloud services, robotics and embedded systems, and automotive technologies.
While we recognize NVDA’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
READ NEXT: 33 stocks that should double in 3 years and 15 stocks that will make you rich in 10 years
Disclosure: None. Follow Insider Monkey on Google News.