NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer put under the microscope. Cramer showed bullish sentiment toward the stock during the episode, as he said:
You know what didn’t matter at all to these bears, though? I got tremendous assurance that there could be some very big Chinese sales on the horizon. Jensen’s in China. That matters. To me, he sounded sanguine. He urged that no one take the sales for granted. I think that’s terrific. I also think that the companies that keep on announcing the reliance on their own chips, Google, Amazon, and today, Microsoft, continue to be gigantic customers of NVIDIA. And the demand away from the hyperscalers is enormous and growing.
Photo by Christian Wiediger on Unsplash
NVIDIA Corporation (NASDAQ:NVDA) develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
