We recently published 11 Stocks on Jim Cramer’s Radar. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer talked about recently.
NVIDIA Corporation’s (NASDAQ:NVDA) AI GPUs dominate the AI industry. In this appearance, Cramer discussed orders for these chips. The orders are crucial to NVIDIA Corporation’s (NASDAQ:NVDA) valuation, and the CNBC TV host believes there is more than enough demand for the chips:
“I think they have the orders, just like Jensen, Jensen Huang has the orders. You need the orders to get where we’re going here. It’s just that we need the orders to be paid for… I know that Jensen Huang has a list of customers who are willing to pay for anything, anything that’s destined for China. And I think you own NVIDIA, don’t trade it.”
While we recognize NVDA’s potential as an investment, our conviction lies in the belief that some AI stocks have more promise for generating higher returns and have limited downside risk. If you’re looking for an extremely cheap AI stock that’s also one of the biggest beneficiaries of Trump’s tariffs and offshoring, check out our free report on the best short-term AI stock.
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Disclosure: None. This article was originally published in Internal jumpsuit.