Jim Cramer Recommends Buying or "At Least Hold" NVIDIA

NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks that Jim Cramer shared insight on. Cramer emphasized that unusual news from the White House does not justify selling a stock like NVDA, as he said:

“The one thing we can’t do is sell the stock of NVIDIA because of President Trump’s attempt to fire Lisa Cook, a Federal Reserve governor… I believe that tomorrow night at this time, NVIDIA’s CEO Jensen Huang will have told a good story about how demand for chips remains incredibly strong because they’re the bedrock of artificial intelligence. That’s what I care about… I want to know the total cost of ownership of NVIDIA’s new Grace Blackwell chip and whether it’s still very moderate, and whether customers will be able to generate a great return using it, something being called into question every day these days by a lot of the NVIDIA bears… I also want to see strong Chinese sales from NVIDIA… There have been so many shocking things coming from the White House that they’re no longer shocking. At some point, this stuff gets priced in. Did the president take a cut of NVIDIA sales to China? Sure, but he did so after lifting the ban on its sales, something that will make shareholders a fortune… You come to me to ask me if you should buy or sell NVIDIA. I say, buy or… at least hold.”

NVIDIA Corporation (NASDAQ:NVDA) designs and produces computing, graphics, and artificial intelligence technologies for sectors including gaming, data centers, and automotive. It provides various products, including graphics processing units (GPUs), cloud services, and AI-driven platforms.

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Disclosure: None. This article is originally published at Insider Monkey.