Jim Cramer Says NVIDIA Corporation (NVDA)'s China Troubles Are Poorly Times

We recently published 10 Latest Stocks Jim Cramer Discussed In An Episode Examining Turnarounds. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed.

NVIDIA Corporation (NASDAQ:NVDA) is one of Jim Cramer’s favorite stocks. He believes the firm is heralding a new industrial revolution and can play a key role in the robotics industry as well. Given its status as the most valuable company in the world, NVIDIA Corporation (NASDAQ:NVDA) is often the focus of a myriad of reports daily. Some of these are negative, and they have made Cramer repeatedly comment that the “long knives” are out for NVIDIA. NVIDIA Corporation (NASDAQ:NVDA)’s shares were turbulent at trading start yesterday after China accused the firm of violating anti-monopoly laws:

“[On China ruling about NVIDIA’s monopolistic behavior] I know, five years I remember they left it open. Mellanox is a great company, let them expand the data centers, I totally get it. I think it’s interesting as Treasury Secretary Bessent says it, it’s poorly timed.

“No I don’t think that it’s coincidence to issue little statements, been kicking around for five years.”

As is the case for Apple, Cramer also believes that one should not be influenced too much by the daily movement in NVIDIA Corporation (NASDAQ:NVDA)’s shares either. For instance, he commented on September 8th:

“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.”

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.