Jim Cramer Reiterates "You Need to Own NVIDIA, Not Trade It"

NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently offered insights on. Cramer highlighted the company’s solid set of numbers during the episode. He remarked:

“Case in point, the biggest stock in the world, NVIDIA. Last night, NVIDIA reported one of the best quarters I have ever seen. Ahead of the report, there was tremendous angst that somehow they would blow it. They’d print a subpar set of numbers, and the stock would blow up. Instead, what happened? NVIDIA reported an astonishing sales number, earnings number, gross margin number, customers, fantastic. And what happened? The stock blew up anyway, but not before it soared higher both last night and this morning. NVIDIA stock opened at $195. That was up about eight from yesterday, but then closed at $180, a hideous swing… I think you need to own NVIDIA, not trade it, but I understand the pain.”

NVIDIA Corporation (NASDAQ:NVDA) develops graphics, computing, and AI solutions for gaming, data centers, professional visualization, and automotive applications.

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.

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.