Jim Cramer Discusses NVIDIA (NVDA) & Circular AI Deals

We recently published Jim Cramer Discussed These 13 Stocks And Talked About Market “Froth” & Dotcom Bubble. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed.

If there’s one thing that can be said for sure, it’s that NVIDIA Corporation (NASDAQ:NVDA) is one of Jim Cramer’s favorite AI stocks. The CNBC TV host is in full concurrence with NVIDIA CEO Jensen Huang about the firm’s GPUs heralding another industrial revolution. During this appearance, he asserted that Huang believes that NVIDIA Corporation (NASDAQ:NVDA) is not engaged in circular deals:

“Now I thought that this morning was a great contrast, yesterday we had a Club meeting and we were talking, Jensen wanted to meet the millionaires. Who did he make a millionaire. . .Today was all about, I think a total affirmation about the way people are spending, because of the industrial revolution. This is the fourth and how you all we all wish we invested even more. Over and over he talks about how it’s not circular deals. It’s, well I wish I got in, I wish he got in, mentions CoreWeave, on tonight, Michael Entrator, terrific guy. I just felt that his one-two punch made me feel that you have to be involved in this as an investor.”

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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