Jim Cramer Says "An All-Powerful Stock Like NVIDIA Has Started to Blind People All Over the Place"

NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks on Jim Cramer’s radar recently. Cramer called it an “all-powerful stock,” as he commented:

“Look, last time it dawned on me, you can let one stock, in this case NVIDIA, define the entire market, even if you like it as much as I do, or you can let hundreds of stocks be your teachers. Now, on a day where the Dow edged up 47 points, S&P advanced 0.38%, Nasdaq gained 0.59%, we can indeed decide all that matters is NVIDIA, which reported what looked to be outstanding numbers after the bell…

I am telling you that you need to go looking for opportunities because an all-powerful stock like NVIDIA has started to blind people all over the place. Not me. You know how long I’ve liked it. As I always say, own NVIDIA, don’t trade it… But it can’t be the only thing we focus on. Okay, so obviously NVIDIA just reported a terrific quarter with a 5-cent earnings beat off a $1.25 basis, a monster revenue beat. Even better, their AI business crushed the estimates, and management says they’re on track to do $65 billion in revenue this quarter. Wall Street was only looking for $62 billion.”

NVIDIA Corporation (NASDAQ:NVDA) develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies.

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.