Here's What Jim Cramer Said About NVIDIA (NVDA) Ahead Of Its GTC Conference

We recently published 11 Stocks Jim Cramer Discussed, Including A Potential “Worst Stock Ever”. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently discussed. NVIDIA Corporation (NASDAQ:NVDA) is in the headlines again after closing in on the $5 trillion market capitalization mark. Cramer’s a believer in the firm, and in this appearance, he discussed yesterday’s GTC Washington conference and share price activity. At the conference, NVIDIA Corporation (NASDAQ:NVDA) CEO Jensen Huang discussed opportunities to build AI-powered telecommunications towers and autonomous vehicles. Here is what Cramer said the day before the event:

“. . .the action right now in AMD and NVIDIA, now NVIDIA does have the big GTC Washington conference, is so bullish. . .that’s so bullish. And NVIDIA was up, started moving around four, and I just think that people are buying it, you know I’m big NVIDIA, own it don’t trade it, but, that anyone has any knowledge about what that deal is [presumably referring to opportunities in China], is kind of shocking since it’s not been brought up at all. “In the meantime NVIDIA, David. Four trillion, big meeting tomorrow. Jensen Huang, Washington, GTC. These companies just keep on moving. . .Jensen Huang’s speaking. . he does a visionary keynote, he’ll talk about the Feynman.”  

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.