Jim Cramer Says NVIDIA "Will Get Plenty of Business"

NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer talked about recently. Cramer highlighted why the stock keeps “going down,” as he stated:

“I have good news, though, for the heavy hitters in AI, which brings me to The Godfather. In the movie, Don Corleone agrees to a peace with the other five families to end the war that killed his hotheaded son, Sonny Corleone… Now, you may think that the five family truce would be bad news for the big data centers, but you would think wrong when it comes to Broadcom or NVIDIA. Both will get plenty of business. The truth is, it was never feasible to build all these data centers that are needed. That’s why everyone hates the stocks. It’s exactly why these two stocks keep going down. Not until Oracle blinks, and it will.”

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. Cramer mentioned the stock during the December 15 episode and said:

“Understand, I’m not trying to say that tech stocks can’t be owned here. We own a bunch of them for the Charitable Trust, we always have, along with NVIDIA and Broadcom. I really like them. I’m just a lot less enthusiastic than I used to be because there’s competition all over the place, and they’re spending like crazy, and the stocks have still had big moves.”

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.