Jim Cramer on NVIDIA Stock: “I Don’t See It Tripling From Here”
NVIDIA Corporation (NASDAQ:NVDA) is one of the 11 stocks Jim Cramer put under the microscope recently. The company was mentioned during the episode, and here’s what Mad Money’s host had to say:
“If the semis became like the oils in 1980, then tech would… account for about 60% of the S&P 500. I think that’s unrealistic… I just think we gotta curb our enthusiasm a little bit, and everyone knows I love the sector. It’s hard to accept that a stock like NVIDIA, currently the largest company in the world, could double or even triple if Reitzes’ (Ben Reitzes, Managing Director and Head of Technology Research at Melius Research) bullish forecast comes to life.
A close-up of a colorful high-end graphics card being plugged in to a gaming computer.
NVIDIA (NASDAQ:NVDA) develops advanced computing, graphics, and networking technologies. The company provides a wide range of products and software that support data centers, AI, robotics, gaming, virtual computing, and automotive systems, including cloud services and digital twin applications tailored for enterprise AI use.
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: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None.