1. NVIDIA Corporation (NASDAQ:NVDA)
NVIDIA Corporation (NASDAQ:NVDA) was featured on Mad Money as Jim Cramer shared his take on the stock amid a sliding macro environment. Cramer called it the “easiest stock in the world to trade,” as he commented:
First, we have to ask, is NVIDIA stock down because of the war? I contend the war has something to do with NVIDIA, but it’s not totally quantifiable. I will posit this: NVIDIA’s a big, big part of the stock market itself, and it’s also the easiest stock in the world to trade. I think it’s going down because it’s so easy to get back in at a lower level… Next, is NVIDIA down because interest rates are going up largely because of war-related inflation? Entirely possible. The company will do better with lower rates because lower rates make it easier to build more data centers.
That said, if the war ends soon and we have a new Fed chief, you’ll feel like a moron for staying away from NVIDIA… Third, is there an intrinsic reason that NVIDIA might be down that’s incorrect? I think that’s true… Next item, how about oil? NVIDIA’s data centers run mostly on natural gas, which is U.S.-based and is rarely budged. So no, its computers could be impacted, its customers could be impacted, absolutely, but everything you use for NVIDIA is considered mission critical, so I’m not concerned…
Finally, we need to know is there anything about demand here that could be dropping off, war or not?… Last week, I attended the NVIDIA GTC conference, and I learned that demand is incredibly strong… What does the evidence cut to? I’d take the Chem Seven right now over buying NVIDIA tomorrow. But depending upon what happens these next 10 days, I might be done with the chemicals. I won’t be done with NVIDIA… To me, you’re only being given a chance to buy a high-quality stock at a lower price than you normally expect, because everyone’s saying it’s a watershed moment and it’s finished. You can’t time it. Don’t forget that. You can always buy more lower because, actually shocking, NVIDIA does get cheaper as the stock goes down.
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 to grow, 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 AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and 15 Stocks That Will Make You Rich in 10 Years.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
