Jim Cramer Says “I’ve Been Telling People to Just Buy NVIDIA”

NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer recently offered insights on. Cramer said that Jensen Huang “knows more than the bears.” He stated:

“I’ve been saying you either believe in the fourth industrial revolution as described by NVIDIA’s CEO, Jensen Huang, or you don’t. The bears don’t believe it. Could they be right? Of course. But I’ve been telling people to just buy NVIDIA since I named my dog after the company when the stock was just under $4, and now it’s at 189 bucks. So far, it’s paid much more to be a believer. That goes double on a day like today… As Jensen Huang, the CEO of NVIDIA, put it, ‘We’re a couple hundred billion dollars into a multi-trillion dollar infrastructure build-out.’ In other words, he thinks we’re not even 10% through this transformation. I think he knows more than the bears.”

NVIDIA Corporation (NASDAQ:NVDA) designs and provides computing hardware and software, including GPUs, AI platforms, data center solutions, and automotive technologies.

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 this cheapest AI stock.

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