Jim Cramer Says “You Just Buy the Stock of NVIDIA”

Published 3 days ago Negative
Jim Cramer Says “You Just Buy the Stock of NVIDIA”
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NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks related to the AI space that Jim Cramer discussed. Cramer noted that a lot of AI spending by companies will go to the company, as he said:

“How do you play it? Okay, look, the most obvious answer is the same thing I’ve been saying for years. You just buy the stock of Nvidia. The lion’s share of the spending bonanza will go to hardware. Last week, Nvidia held a very bullish GTC event in Washington, DC, where CEO Jensen Huang said he has ‘visibility into a more than half a trillion dollars’ cumulative revenue from the company’s current AI chips.

Photo by Christian Wiediger on Unsplash

NVIDIA Corporation (NASDAQ:NVDA) develops computing technologies that power graphics, artificial intelligence, autonomous vehicles, and networking solutions.

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.

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