Jim Cramer Says NVIDIA's Price Performance "Is So Much Better Than Any Other Company"

 NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer talked about. Cramer discussed the stock’s recent price movement and an analyst rating around it. He remarked:

“… which brings me, of course, to NVIDIA. Here’s a stock that’s going straight down for four straight weeks, despite a very good quarter in the middle of that skit. Today, Citi lowered its price target from 210 to 200, broke ranks, much less bullish than everybody else. It got picked up, this price target cut got picked up by everyone. All I heard about today was that Broadcom is now a factor, taking share from NVIDIA, maybe big share. Apparently, it is a horse race… However, I got real bad news for those who are trading, not owning NVIDIA. The price performance of NVIDIA is so much better than any other company, including the one that’s our larger position, that we say we don’t care. I got another idea: why not own both? Today was the Citi analyst day to shine. Oh yeah, after four weeks down for NVIDIA, he really nailed it. Did I mention that he lowered his price target and then the stock actually finished up on the day but he did break ranks.”

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing, and networking solutions, including GPUs for gaming and enterprise, AI and data center platforms, automotive technologies, and cloud services.

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.

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