Jim Cramer Discusses These 12 Stocks, Elon Musk & President Trump

1. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders In Q4 2024: 223

NVIDIA Corporation (NASDAQ:NVDA) is the AI GPU firm that has taken the market by storm over the past couple of years. Its shares have gained triple-digit percentages on the back of its GPUs being able to power the AI revolution. However, the narrative surrounding NVIDIA Corporation (NASDAQ:NVDA) has shifted slightly after the DeepSeek selloff. Investors, who were already cautious during H2 2024, are now waiting on the sidelines to see whether it can sustain massive AI GPU demand. As for Cramer, it appears that the jitters surrounding NVIDIA Corporation (NASDAQ:NVDA) are also getting to him:

“[On NVDA’s upcoming earnings] No it’s going to be very, very important. . . .yeah and there’s four different notes today saying don’t worry about the quarter so I don’t like that. We need, we, those who own it like my Charitable Trust, we don’t want any expectations. Especially cause Blackwell, it’s just now shipping for some companies. That’s the latest and greatest. And we do like, David, there seemed a secret Atlanta warehouse for Musk where he bought a lot of GPUs. I don’t know if you’re aware of the secret Atlanta.””The Atlanta data center, I’m reading Business Insider, has sizable computing power. . .for X and xAI. You know what this is David? Twelve thousand GPUs they bought, seven hundred million dollars worth of equipment. Again, another check, presuming for Jensen Huang. Remember when they had split? That split’s over.”

NVDA is a stock Jim Cramer recently discussed. 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 doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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