We recently published 11 Stocks on Jim Cramer’s Radar. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed.
NVIDIA Corporation (NASDAQ:NVDA)’s AI GPUs rule the AI industry. In this appearance, Cramer discussed the orders for these chips. The orders are crucial for NVIDIA Corporation (NASDAQ:NVDA)’s valuation, and the CNBC TV host believes that there is more than enough demand for the chips:
“I do think that they have the orders, so does Jensen, Jensen Huang has the orders. You need the orders in order to be able to get to where we’re gonna go here. It’s just that we need the orders to be paid for. . .I know that Jensen Huang has a list of clients who’re willing to pay for anything, anything that was meant for China. And I think, I think you own NVIDIA, don’t trade it.”
While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.