NVIDIA Corporation (NASDAQ:NVDA) is among the Stocks in focus as Jim Cramer analyzed the broader market impact of the recent rally in AI data centers.. Cramer said that the company “hasn’t really done much lately”, as he commented:
It’s worth filling you in on the disappointment… Because I want you to understand my skepticism now about the rally… Why don’t we start with a big winner so you can put it in context? They are very involved with an industry, I want more than that: the data center, of course. First, we have the big four of memory: Western Digital, Sandisk, Seagate and Micron… Even a purist like me doesn’t want the market to be led by stocks of companies that are basically sold out and can simply raise prices but do nothing more than that. We want to be led by companies like NVIDIA, who produce products and sell them as soon as they come out because it is so desired. NVIDIA deserves a superior price-to-earnings ratio; these companies, not so much. But NVIDIA hasn’t really done much lately.
Photo by Christian Wiediger 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.
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