Jim Cramer Asserts NVIDIA (NVDA), Not SpaceX, Is The “Key” To The Market

We recently published Jim Cramer Didn’t Hold Back On SpaceX’s IPO & Discussed These 12 Stocks. NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks discussed by Jim Cramer.

NVIDIA Corporation (NASDAQ:NVDA)’s shares are up by 40% over the past year and by 7.4% year-to-date. It is one of Cramer’s favorite stocks, as he has continued to defend the company even though the shares have posted lackluster performance lately. The CNBC TV host continues to believe that NVIDIA Corporation (NASDAQ:NVDA) is at the heart of the ongoing industrial revolution and is leading the industry when it comes to AI GPU technology. The firm made another important announcement recently when it revealed the Space-1 Vera Rubin Module to bring AI computing to space. In June, markets are busy anticipating SpaceX’s IPO, and Cramer has been busy commenting on the issuance as well. In a tweet, he asserted that despite investor focus on SpaceX, NVIDIA Corporation (NASDAQ:NVDA) was nevertheless at the center of unlocking the market:

“Nvidia, NOT SpaceX remains the key to this market

“Bitcoin and gold–bad money, being liquidated for SpaceX. Apple and Nvidia –good money–being liquidated”

Jim Cramer Asserts NVIDIA (NVDA), Not SpaceX, Is The "Key" To The Market

While we acknowledge the risk and potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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