Jim Cramer is Still Enthusiastic About NVIDIA (NVDA)

We recently published 10 Stocks Jim Cramer Discussed & Continued To Talk About AI & Enterprise Software.  NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer discussed.

NVIDIA Corporation (NASDAQ:NVDA)’s shares are up by 47% over the past year and by 2% year-to-date. While the stock became one of the top performers in the early stages of the AI era, the shares have struggled recently. In fact, on February 18th, Morgan Stanley pointed out that NVIDIA Corporation (NASDAQ:NVDA) was one of the most under-owned large-cap technology stocks in the market. Morgan Stanley added that the other technology stocks were also under-owned. NVIDIA Corporation (NASDAQ:NVDA) has spent a busy couple of weeks in February. For instance, the firm announced a mega partnership with social media giant Meta to provide it with AI GPUs and CPUs. Earlier in the month, investment bank Goldman Sachs also discussed the firm. It kept a Buy rating and a $250 share price target on the firm. In his recent remarks about NVIDIA Corporation (NASDAQ:NVDA), Cramer pointed out that the total cost of ownership of the firm’s AI products was lower than AMD’s GPUs. This time he tweeted that his enthusiasm for the firm hadn’t dropped:

“Ardor for NVDA not diminished buy i continue to be impressed with Lisa Su’s transformation of AMD as the greatest turnaround perhaps in history other Jobs/Apple”

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.

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