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We recently published a list of Jim Cramer’s Thoughts on These 12 Stocks. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other stocks that Jim Cramer discusses
Cramer said that despite NVIDIA Corporation (NASDAQ:NVDA) stock’s recent setback, its rebound shows that the skeptics around AI are possibly “dead wrong.”
“Oh, and NVIDIA for months, it was a chronic underperformer, but hey, it turns out the bear case on AI may have been dead wrong. For instance, have you seen the stock of NVIDIA? It climbed from $86 and change at its lows in April all the way to the mid-130s when it reported an incredible quarter with an amazing forecast, much better than expected. Stock then rallied to 143 after the quarter. But then it was thrown back when the White House refused to let NVIDIA sell China even its lesser semiconductors.
A close-up of a colorful high-end graphics card being plugged in to a gaming computer.
NVIDIA (NASDAQ:NVDA) designs advanced graphics, compute, and networking solutions spanning gaming, AI, data centers, and automotive technology. The company’s products include GPUs, AI platforms, cloud services, and software tools tailored to accelerate innovation across industries.
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Disclosure: None. This article is originally published at Insider Monkey.
