Jim Cramer on NVIDIA Corporation: "This is a New Industrial Revolution"

We recently published a list of Jim Cramer Put These 14 Stocks Under the Microscope. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other stocks that Jim Cramer discusses.

NVIDIA Corporation (NASDAQ:NVDA) was mentioned during the episode, and here is what Mad Money’s host had to say.

“In the last few quarters, we’ve seen an element of cynicism about NVIDIA’s business that is truly pathetic, almost heartbreaking… We’re thinking way too small about this amazing company, somehow being trapped by the possibility of weaker revenue numbers. Weaker revenue numbers? This is a new industrial revolution, people. Selling NVIDIA here, it’s like selling the steam engine 200 years ago, before it really got rolling. What matters is that NVIDIA has expanded its work to tie up with other industries like Tesla and self-driving. NVIDIA’s doing business with a plethora of wealthy countries that need the latest and the greatest…

Look, with this quarter, I bet we’ll see NVIDIA’s CEO, Jensen Huang, talking about the advantage he has over anyone attempting to make an accelerated chip. He’s got the software, for heaven’s sake. Specifically, I’m thinking of NVIDIA’s Omniverse for advanced simulations to build things in record time with far fewer mistakes. We’re talking building ships, factories using the Digital Twin, the largest market in the world. Or how about NVIDIA GR00T, a customizable foundational model for humanoid reasoning that was just talked about at COMPUTEX in Taiwan last week. That’s NVIDIA software, not NVIDIA hardware… I mean, why isn’t anyone talking about this?”

NVIDIA (NASDAQ:NVDA) designs advanced computing technologies and software that power graphics, AI, and networking solutions. The company’s products support applications in gaming, data centers, autonomous vehicles, robotics, and enterprise AI.

Overall, NVDA ranks 2nd on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.